Financing the National Debt: Time for Innovation
Publication Date: August 1982
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): George Kaufman
Research Area: Banking and finance
Keywords: Budget
Type: Report
Abstract:
The U.S. Treasury is faced with financing record federal budget deficits for a number of years at least. In such an environment, the Treasury must sell its debt as widely as possible at the lowest possible perpetual interest cost.
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