Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: shades who wrote (60229)	5/3/2006 4:28:06 PM
From: shades	Respond to of 110194

US Tsy: Excess Govt Cash Category Reached Record High Tue . WASHINGTON (Dow Jones)--The U.S. government's excess cash - minus the Federal Reserve's account - reached a record high of $93.8 billion Tuesday, as individual income tax receipts arrived in the spring tax season, Treasury said Wednesday. Tuesday's record level for Treasury's excess operating cash, excluding what is invested with the Fed, will quickly dissipate as the federal government makes routine payments this week for programs such as Social Security, according to a Treasury official who asked not to be identified. "Receipts are strong, and as a result our cash balances are high," the official said. (MORE TO FOLLOW) Dow Jones Newswires May 03, 2006 16:03 ET (20:03 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.- - 04 03 PM EDT 05-03-06