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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (4831)	1/12/2004 9:36:46 AM
From: russwinter	Read Replies (2) \| Respond to of 110194

I found a couple interesting numbers in this document. cbo.gov One is that individual and corporate tax receipts were $231 billion for 4Q, 2003. The other is that $43B of that was used to pay interest on the debt, and that's at these very low interest rates. It would be hard to imagine what adding another $1/2 trillion in 04 AND higher borrowing costs would lead to. Doesn't make my UST credit quality issue look so "out there" when one takes the blinders off, does it?