The Mudcat Café TM
Thread #118031   Message #2548859
Posted By: Sawzaw
25-Jan-09 - 01:45 PM
Thread Name: BS: Obama Honeymoon lasts 3 days
Subject: RE: BS: Obama Honeymoon lasts 3 days
Reality Check:

The Money "given away" under TARP are actually loans with an obligation for repayment to the Treasury.

Tax cuts is not money printed up and given away or spent. It results in less tax money being collected by the Treasury.

The Tax "refunds" for people that do not pay income tax and the spending programs proposed by the Obamacrats will never be returned to the government. It is simply money printed up and given away or spent. It will never be recouped except for possibly a small percentage returned in taxes collected by the Treasury.