PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: MKTBUZZ who started this subject	7/31/2001 9:10:00 AM
From: Kenneth E. Phillipps	Read Replies (5) of 769670

Treasury will borrow money for tax rebates! "The Treasury said yesterday that it will borrow the money needed for the tax rebates that are now going to U.S. Taxpayers as part of President bush's $1.35 billion tax cut." "Instead of paying down $57 billion in debt, as the Treasury expected on April 30, the Treasury plans to borrow $51 billion." From today's New York Times It appears the Bush Administration has been lying about the effect of the tax cut and they will be spending the Social Security surplus this year. If I were a member of the baby boom generation, I would be very concerned.

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