Quote:
Originally Posted by the_only_turek_fan
One question that I have and its kinda silly, but where will the 700B come from? Is it just tax money stored in a reserve fund? Or will they borrow from a world bank and then have future tax dollars pay off loan?
Either way, will Americans see a significant tax hike?
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Essentially this money doesn't 'exist' anywhere. It will be created to give to these banks and then added to the US debt. Which I believe is around $14 trillion now. U-S-A! U-S-A!