"Tom Francis - SWSports" wrote in
message ...
"The administration wants to keep some of the unspent funds available
for emergencies, but is considering setting aside a chunk for debt
reduction, according to people familiar with the matter. It is also
expected to lower the projected long-term cost of the program -- the
amount it expects to lose -- to as little as $200 billion from $341
billion estimated in August."
http://online.wsj.com/article/SB125799009185344567.html
So let me see if I got this right. The Administration wants to use
borrowed money which created increased debt to pay down the overall
debt incurred by increased spending.
Son-of-a-gun. That must mean that your average citizen should be able
to decrease his/her overall debt by borrowing more money to pay down
that debt.
Huh - how about that.
You're mis-reading the information. The money is available to be borrowed.
If it isn't used, it doesn't need to be borrowed. The current projected
deficit would thus be lower, since the money isn't used. It's not like it's
sitting in a paper bag somewhere.
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Nom=de=Plume