U.S. government borrowed $43.5 billion a week in the first four months of the fiscal year

Business

U.s. Government Borrowed $43.5 Billion A Week In The First Four Months Of The Fiscal Year

By Fortune

Per Treasury data, up to Jan. 31, the interest expenses paid out have totaled $427 billion. Extending that trajectory over the course of a year, and with additional debt being added, requiring additional interest payments, the U.S. government will ne ...Read more