Friday, January 25, 2008

Letter to Congresswoman Napolitano

Representative Napolitano,
I've been reading news of a tentative agreement on an economic stimulus plan that would come in the form of tax rebates for many Americans. I urge you to vote against such a plan, as I believe it to be short-sighted and potentially ineffective.

I would feel differently about this plan if our government were currently operating with a budget surplus, but due to the budget deficit, these tax rebates would have to be paid through borrowed money, which will further exacerbate future budget balancing attempts. In my mind, this is similar to a homeowner borrowing additional money against her house to pay for short-term needs, not realizing that this could cause her mortgage payments to jump to unaffordable levels at some point in the future. Thank you.

Sincerely,
Ho Yun

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