> What if, as happens in the markets, the shares decline in a big way?
The government could wait a full year before spending the money so that refunding from the previous year would be easy. I'm not sure I really understood from the article if refund only happens from one year to the other though and if not how fair would that be.
Actually holding on to cash is a serious issue at the size we are talking about. Over night the feds would be the biggest investor in everything. A small country can go set up a sovereign wealth fund but the US would probably just hold its own paper which is equivalent to spending the money in the first place.
The government could wait a full year before spending the money so that refunding from the previous year would be easy. I'm not sure I really understood from the article if refund only happens from one year to the other though and if not how fair would that be.