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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (49822)5/12/2004 2:45:24 AM
From: AC Flyer  Read Replies (1) of 74559
 
I am not sure why you spurn my sincere efforts to help you recognize reality, Jay. Oh well. I shall just continue with this thankless task.

Tax Receipts Pare Treasury Borrowing
By Jonathan Weisman
May 04, 2004
Smaller-than-expected tax refunds and rising individual tax receipts will pare back federal borrowing significantly for the first half of this year and could reduce the $521 billion deficit projected for the fiscal year by as much as $100 billion, Treasury and congressional budget officials said yesterday.


msnbc.msn.com
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