Muncipal Debt: Cost of Tax Exemption to Treasury Pegged at $28.9 Billion

Ferris, Craig T.
February 2002
Bond Buyer;2/5/2002, Vol. 339 Issue 31318, p5
Trade Publication
Reports on the fiscal 2003 budget estimates made by the U.S. President George W. Bush. Cause for the revenue loss in fiscal 2003; Impact of the private activity bond volume cap on the tax exemption for interest paid of all municipal bonds; Increase in the cost of tax exemption for all bonds in fiscal 2006.


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