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Budget gimmick to cut spending and debt explored
Treasury to sell 1.1 billion dollars in participation certificates next month. The plan uses government assets and investment accounts to reduce the national debt by redeeming 500 million in bills. The move aims to lower the deficit by directing proceeds to public needs without new taxes.
MENTIONED IN THIS ARTICLE
Joseph R. Coyne
Washington
Treasury Department
Johnson Administration
Congress
The
Danville
Fice of
Education
Famert
Small Business
Federal National Mortgage Association
Fannie Mae
Mortgage Association
Treasury
Fannie
Vietnam