Calling such a measure "a further refund for the people who created the federal surplus
," Tobey said the WIN proposal represents less than half of the interest avoided in a single year on the soon-to-be-paid off $2 trillion national debt.
Personal savings have collapsed into the federal surplus
and, if left unchanged, the economy will be weighed down even more.
As regards the future relationship between Greenspan and the Bush administration, the Fed Chairman now sees, in light of upward revised federal surplus
estimates, a near-term tax cut as being compatible with longer-term fiscal responsibility.
But Gale curiously seemed far more frightened by the possibility that Americans might get to keep some of their money--er, the federal surplus
and The Federal Surplus
Outlook -- An Evaluation) and a panel discussion on changes in the financial industry landscape resulting from new accounting regulations.
Through the state's Federal Surplus
Program, Pennsylvania is able to receive various items surrendered by airline travelers at TSA security checkpoints.
State Purchasing Agent Ellen Bickelman said the state has 136 contracts providing goods such as computers, baked goods and bottled water, and oversees sales of state and federal surplus
goods ranging from file cabinets to tugboats, of which communities can take advantage.
With the current federal surplus
in the trillions and the state surplus at $10 billion, there isn't any reason not to reduce taxes.
As discussion and debate intensify in Congress over the size and timing of a tax cut, city officials are being advised by allies on the Hill to communicate to Congress the importance of using some of the federal surplus
to invest in the future of our cities and towns, and not solely to provide relief to tax payers.
The paydown of debt associated with the federal surplus
has helped to hold down longer-term interest rates, which in turn has encouraged capital formation and reduced debt burdens.
The GSA, which conducted over $260 million in Federal surplus
property sales in 1999, expects that the new auction site will enable GSA to service a rapidly growing portion of the government asset sales market.
27, 2011 /PRNewswire-USNewswire/ -- To honor the service provided by the men and women of America's armed forces, select veterans organizations are now able to participate in the federal surplus
property donation program run by the Pennsylvania Department of General Services, Governor Tom Corbett announced today.
The proposed "Tax Cut With a Purpose Act," is aimed at taking advantage of the federal surplus
, which is projected to reach an all-time high of $5.
Case said he advocates increasing the exemption, but wants to first focus on building a federal surplus
Hundreds of state and federal surplus
items will be sold to the highest bidder.