fbpx

Treasury Dials Back Estimates for U.S. Borrowing as Stimulus Talks Stall

Treasury Dials Back Estimates for U.S. Borrowing as Stimulus Talks Stall

WASHINGTON—The Treasury Department on Monday dialed back its estimates for government borrowing through the end of the year as negotiations over anoth

Apple Slashes App Store Fees for Smaller Developers
Moderna to Ask FDA to Authorize Vaccine
Iraq Emerges as New Front for Enforcement of Iran Oil Sanctions

WASHINGTON—The Treasury Department on Monday dialed back its estimates for government borrowing through the end of the year as negotiations over another large fiscal stimulus bill remain stalled.

The Treasury estimated the government would borrow $617 billion from October through December, down from its $1.216 trillion estimate in early August. Senior Treasury officials said they continue to assume that Congress eventually will pass another economic-relief package with about $1 trillion in new spending—the same assumption…

This post first appeared on wsj.com

Do You Enjoy This Article?
Sign up for our newsletter and receive FREE access to download SuccessDigest Digital Weekly Edition for attainment of your financial freedom in the new digital economy!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.

COMMENTS

WORDPRESS: 0
DISQUS:
%d bloggers like this: