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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (41881)3/9/2001 4:27:54 PM
From: cheryl williamson  Read Replies (1) of 64865
 
Hi Charles,

Paying down the debt is budgeted, along with the tax cut. You can't pay down the debt too fast because it would cost more to buy back bonds not yet due to mature. Paying off and letting them mature & not issuing new bonds will have the effect you are talking about. It will all happen in due time. Meanwhile, as JDN keeps saying, more tax cuts will stimulate the economy.
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