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The proposed Recovery Bonus is a series of adjustable-amount, same-for-all, additions to the paycheck of every worker who makes FICA Social Security contributions -- to quickly get newly-created money into the hands of those most likely to quickly spend it.
To be most effective, the Recovery Bonus should be part of a comprehensive, integrated Policy Tool Kit for federal fiscal, monetary and economic responsibility. This article focuses on the Recovery Bonus and monetary management reform.
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