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In another move to drive down the US economy, Bush will have to Borrow $51 billion to pay for the tax rebates. The tax plan was advertised as giving surplus back to the people. However, this highlights once again, Bush's political ineptitude, or perhaps dishonesty, as the now rather than paying down the debt by $57 billion we must now borrow $51 billion.

http://dailynews.yahoo.com/h/ap/20010801/pl/treasury_borrowing_5.html

Well, I got all giddy when I saw that Uncle posted several new threads. I am disappointed that there is little substance. As for borrowing to pay back the rebate, that's bull. The Federal Government wastes hundreds of Billions of dollars every year on bull**** programs, most initiated by democrats. This rebate was not intended to make me a couple hundred dollars richer, but rather to initiate the new tax cuts and FORCE higher efficiency in our ever-wasteful government. To think otherwise is short sighted and naive. The waste at the federal level is embarrassing and costs us billions. Reducing the supply (taxes) will help prompt tighter budgets.

Sounds like that Democratic majority better get busy cutting back some of the grossly inflated Federal Budget!!!Don't hold your breath...