Treasury to Borrow $1 Trillion in Q3: Risk Consultant Gives Analysis

Don Ma
By Don Ma
August 26, 2023NTD Businessshare

The U.S. Department of the Treasury announced its current estimates of privately-held net marketable borrowing for the July–September 2023 quarter. It expects to borrow $1 trillion in privately-held net marketable debt.

NTD speaks to a risk consultant on this topic, who says that the amount of debt that the United States is taking on now will put tremendous burden on future generations to come.

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