It is a rebate. It's a one-off, one-shot deal. And it will be taxed. It's a pathetic, weak-kneed idea conjured up by politicians to appear sympathetic to those who can't figure out that it's a gimmick.
To stimulate the economy, cut taxes, spending, and fire 90% of the jerks in DC.
That won't work unless 90% of "Law Enforcement is fired and the rest disarmed (I am in favor of this, BTW).
Watch out, someone here might accuse you of being one of them wild-eyed nutty Ron Paul supporters, posting stuff like that.