TITLE

Federal Debt Projected to Hit $9,262 Trillion By End of 2007

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/7/2006, Vol. 355 Issue 32314, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the projections of the U.S. Department of the Treasury concerning the effect of President George W. Bush's proposed fiscal 2007 budget. The treasury estimated that the total federal debt will increase to 8.578 trillion dollars at the end of the fiscal 2006. Despite the projected increase in debt, the proposal emphasized that government borrowing has remained stable.
ACCESSION #
19750932

 

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