US Treasury to borrow eye-popping $3T this quarter

The US Treasury Department on Monday said it plans to borrow nearly $3 trillion in the second quarter of 2020 — more than five times larger than the previous record — as the federal government spends at a frantic pace to mitigate the impact of the coronavirus on the US economy. In a statement, Treasury...

from News | New York Post https://ift.tt/2WpZDCe