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To: Charles Tutt who wrote (41881)	3/9/2001 4:27:54 PM
From: cheryl williamson	Read Replies (1) \| Respond to 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.

To: Charles Tutt who wrote (41881)	3/10/2001 6:03:21 AM
From: JDN	Respond to of 64865

Dear Charles: I am not going to have any political arguements with you anymore (gg) but this is entirely NON PARTISAN. The tax cut itself IS BS so far as helping the economy goes, yeah it will help SOME but it isnt going to solve the IMMEDIATE problem cause its TOO SMALL and TOO LATE. HOWEVER, looking forward, BECAUSE it SUBSTANTIALLY lowers the tax RATES especially at the bottom end of the rung I think it will really help people struggling to get beyond their current bracket and that will help us grow. Now as to the Debt, BUSH has provided for debt reduction, one could ARGUE that you could reduce it EVEN FASTER BUT Charles, REGARDLESS OF POLITICAL PARTY you are old enough to KNOW that if you leave that money ON THE TABLE it aint gonna go toward debt reduction its going to go to increased Govt Spending. And EVEN WORSE once you kick in a new program they NEVER GO AWAY. JDN