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Economy Stimulus Plan a Taxpayer-Funded Bank Bailout in Disguise! June 27, 2008

Posted by J. Wu in : Uncategorized , comments closed Bush’s economic stimulus plan consisted of three points. 1. $600 tax rebates to low to middle income Americans. 2. Revised tax deduction expenses for small businesses to stimulate entrepreneurship. 3. Doubled the loan limit of mortgages that qualify to be acquired by government organizations, Fannie Mae & Freddie Mac. (the media rarely discusses this point!!) I have [...]