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Did You Spend Your Rebate Check?

Yesterday's news that the US's Gross Domestic Product only grew 1.9 percent despite the recent flood of rebate checks is a bit surprising. The rebate checks were technically a one-time tax cut that you don't have to pay back and are considered an advance on the taxes you'll owe in 2008, but the government hoped consumers would use the "extra" dough and boost the economy by buying things.

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