And there is no such thing as "federal money". It is all money confiscated from the people through taxation.
The Bush tax rebate was a disaster, mostly due to the fact that during the times of issuance, our marginal propensity to consume domestic goods was quite low. Autonomous consumption reigns supreme in the land of the free, temporary tax rebates do very little to improve long run economic conditions.
People will not be able to pay large debts with $13 per month without saving it, which is a low possibility.
It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
"Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911