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US to Borrow $2.99 Trillion in Second Quarter…

The Treasury Department also said Monday it expects to issue $3.7 trillion in net marketable debt in the second half of the fiscal year that ends Sept. 30, bringing total estimated debt issuance to nearly $4.5 trillion in fiscal 2020. That dwarfs the $1.28 trillion billion the government borrowed…

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U.S. Treasury Expects to Borrow $2.99 Trillion in Second Quarter as Stimulus Spending Soars – WSJ

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