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BPC
abbreviation for
- British Pharmaceutical Codex
Example Sentences
For instance, on June 1, Treasury will have to pay out $47 billion in Medicare payments, $12 billion in military and civil retirement benefits and $12 billion in veterans benefits, according to a BPC analysis of Daily Treasury Statements.
For instance, on June 1, Treasury will have to pay out $47 billion in Medicare payments, $12 billion in military and civil retirement benefits and $12 billion in veterans benefits, according to a BPC analysis of Daily Treasury Statements.
"The coming weeks are critical for assessing the strength of government cash flows," Shai Akabas, BPC director of economic policy.
But if tax revenues allow Treasury to meet obligations through mid-June, quarterly estimated tax payments due on June 15 can likely float the government through June 30, BPC said in its analysis.
"In such a scenario, the additional room created by these measures would support Treasury's ability to make good on our obligations through at least early July and perhaps several weeks beyond," BPC said.
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