29/10/18

America's True Deficit: US To Borrow Over $1.3 Trillion In 2018



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America's True Deficit: US To Borrow Over $1.3 Trillion In 2018
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Confirming recently reduced estimates of US debt borrowing needs - mostly as a result of new funds brought in via Trump's trade tariffs - the Treasury Department today lowered its estimates of fourth-quarter borrowings to $425 billion from the $440 billion forecast it made in July, while assuming an end-of-December cash balance of $410 billion, up from $390 billion 4 months ago. 

The revised Treasury numbers bring the ....

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