The checks will be out between early May and July.  Anywhere up to $600 for individuals and $1200 for families, with $300 for each child.  Personally I would put that money into savings.  This is basically an advance on next year's taxes, so there is a possibility you will have to shell out more next year.  Personally I think our next President should teach this country to live within it's means and not spend money we don't have in the first place.