Federal Cost of Muni Tax Exemption Expected to Hit $36.9B in '07

Ferris, Craig T.
February 2006
Bond Buyer;2/7/2006, Vol. 355 Issue 32314, p4
Trade Publication
The article reports on the overall projection of U.S. President George W. Bush for the fiscal 2007 budget. A breakdown of the projections show that the tax exemption for public-purpose bonds will cost the government an estimated 29.6 billion dollars making an estimated cost of 36.9 billion for municipal bonds.


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