Federal Government Posts $20.5B Surplus in June

Ferris, Craig T.
July 2006
Bond Buyer;7/14/2006, Vol. 357 Issue 32423, p2
Trade Publication
The article reports on the posting of a 20.5 billion dollars in surplus by the federal government of the United States virtually matching analysts' expectations. Income tax collections increased according to Treasury Department figures released on July 13, 2006. The surplus followed a 42.8 billion dollar deficit in May 2006.


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