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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (18336)	4/29/2003 11:35:16 PM
From: TigerPaw	Read Replies (1) \| Respond to of 89467

The U.S. Treasury will sharply increase its borrowing this quarter to plug a gaping hole in the government's budget biz.yahoo.com Net new issuance of Treasury notes should hit $75 billion in the three months to June, a rise of 175 percent from the second quarter of 2002, the trade group said in its first Quarterly Government Securities Issuance and Rates Forecast. .... The Congressional Budget Office most recently projected a "baseline" deficit for fiscal 2003 of $246 billion. However, that projection does not include anticipated changes in tax and spending policy, including costs associated with the conflict in Iraq. TP