US Government Plans to Borrow More This Quarter Amid Disappointing Tax Receipts
By Andrew Moran The U.S. government plans to borrow more cash from private investors this quarter than initially forecast amid less-than-expected tax receipts, the Treasury Department said on Monday. According to the department’s latest Treasury Refunding Announcement, Washington anticipates borrowing $243 billion in the April-June period. This is $41 billion higher than officials…
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