Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Where is the money for the stimulus bill coming from?

http://money.cnn.com/2009/01/27/news/economy/stimu...

After interest it will cost over $1,000,000,000,000.

I figure it's a loan, but from whom? China?

What happens if it doesn't work? How will we pay the money back? What if we can't pay the money back?

12 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    Treasury will print the money and the Federal reserve will issue it. The reason we have the loan is because the Federal Reserve loans us our money plus interest of course. Get rid of the Fed and let the Treasury print and issue all our money and we will save billions.

  • ?
    Lv 4
    4 years ago

    there will be treasury costs bought to enhance the money. a brilliant form of the money then would be taken out of the economic equipment to be spent back into it. after we've loss of liquidity, we would oftentimes no longer choose to be advertising a brilliant form of bonds that would take in investor money, yet that's what we are able to do, lenc money to the banks then sell bonds so as that there will be much less money available for deposit interior the banks. The banks of course mandatory to have raised greater fairness capital too. to have stability. This too would be made greater no longer ordinary by employing sale of treasury bonds in this scale. yet remember that this spending isn't plenty greater suitable than the conflict spending we've been seeing. that's purely on genuine of conflict spending on the instant.

  • 1 decade ago

    It came from the US mints. We made more money to handle the stimulus and then it is shown as more debt. The tax payers (who may benefit from the stimulus) are paying off the debt. Round and round we go, up and down we go. Fun huh?

  • Anonymous
    1 decade ago

    It will come from your increased taxes...get ready. Also, our children and grandchildren will be paying that debt. Maybe they'll have to do community service for China.

    The enormous spendulous bill. Complete madness.

  • How do you think about the answers? You can sign in to vote the answer.
  • 1 decade ago

    Bottom line, the money is coming from your paycheck, your children's paychecks, your grandchildren paycheck - for decades!

    IF we borrow from China - again - we owe, if we print, inflation - dollar becoming worthless.

    Either way - the money comes from taxpayers.

  • dlk
    Lv 7
    1 decade ago

    It will eventually come out of your pocketbook when our taxes both Federal and State, are greatly increased for eons.

    Should we not get financing from foreigners on these monies, you can kiss this Country goodbye.

  • 1 decade ago

    It's called an IOU. Do you know where you will get the money for any credit debts you have?

  • 1 decade ago

    It comes from China. They might foreclose on us.

  • 1 decade ago

    We are,

    and our children,

    and their children.....

    all forever indebted to the Chinese....

    Welcome to the last ring of Hell.

  • 1 decade ago

    where all government money comes from. we the taxpayers

Still have questions? Get your answers by asking now.