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The US Treasury Department is cutting its borrowing expectations to $ 30 billion in the second quarter


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The US Treasury Department is cutting its borrowing expectations to $ 30 billion in the second quarter

The US Treasury Department is cutting its borrowing expectations to $ 30 billion in the second quarter


 29 April 2019 10:41 PM
Mubasher: The US Treasury Department announced a reduction in its borrowing estimates during the second quarter of this year.

The US Treasury said in a statement on Monday it expects to borrow 30 billion dollars from April to June, down 53 billion dollars from the previous estimate in January.

The US Treasury said the decline in borrowing expectations was driven by changes in the outlook for financial activity and cash-flow assumptions.

The US Treasury announced borrowing $ 374 billion in the first quarter of this year.

In the third quarter of this year, the Treasury expects to issue $ 160 billion in bonds.

 
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9 hours ago, Muleslayer said:

this is solid good news!

I agree with you here. It is great news. Does that mean that the plans President Trump has put in place are working? Hhhmmmmm......

 

Maybe its the ones that obummer put in place are starting to work...NOT !!! Once again, it shows why we needed a businessman and not a politician in the White House. He is Making America Great Again! It will be a long road, but we are gonna get there.

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21 hours ago, Muleslayer said:

not to open a can of worms but, your statement suggested to me that i may have offended you in the past?

No way...not in the least buddy...I was just agreeing that this was great news. Sorry if I didn’t get it worded right and you thought that bud. 

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