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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: w0z who wrote (51726)9/10/2001 6:48:25 AM
From: w0z  Read Replies (2) of 70976
 
I wrote:

$300 times 150 Million taxpayers (I'm guessing...98 Million checks sent out includes couples)...why that's almost real money ($45 Billion)!

The actual number is $38B per the following:

biz.yahoo.com

Many private economists, who in recent years have been skeptical of the use of fiscal policy as a way to counter cyclical downturns in the economy, have praised the timing of the $38 billion in rebates under the tax package.

``The tax rebate was a laudable accomplishment. There is no doubt it's helping,'' said Mark Zandi, chief economist at Economy.Com in West Chester, Pa.
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