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Tax Collections Lagging Behind 1959 Estimates
The AP reports that tax collections lag 1959 estimates as business activity stays weak. Longtime expectations shift from surplus to slim or no surplus, with the Treasury seeking immediate cash and a possible revised June 30 forecast under President Eisenhower and incoming Treasury Secretary Douglas Dillon.
MENTIONED IN THIS ARTICLE
AP Business News
NEW York
Eisenhower
Treasury Department
Treasury
John F. Kennedy
Douglas Dillon