I've not read the final package - but I know the goal was to reduce taxes, not issue checks this time around. THe last time they issued checks their goal was to stimulate the economy by having people spend the checks. But more people saved the $ or paid down their existing debts instead - so it didn't stimulate the economy. Their hopes were reducing taxes would add a little more $ each payday, and people would spend it since it was not in a lump sum.
Again - I know that was what Obama was talking about before the election - I have not read what he actually got passed.