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News about Debt Ceiling
Stay current with all the latest and breaking news about Debt Ceiling, compare headlines and perspectives between news sources on stories happening today. In total, 66stories have been published about Debt Ceiling which Ground News has aggregated in the past 3 months.
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Business · United StatesThe U.S. Treasury has announced plans to borrow a staggering $1.007 trillion in the third quarter, a move attributed to the need to restore its cash reserves, which were depleted during the recent debt ceiling crisis. What Happened: The Treasury’s borrowing projection for the third quarter is significantly higher than the $453 billion estimated in April, primarily due to a lower starting cash balance and anticipated reduced net cash flows. The d…See the Story
US Treasury Plans $1 Trillion Borrowing In Third Quarter Amid Cash Shortfall Post Debt Ceiling Standoff
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Debt Ceiling · United StatesIn today’s closely watched Quarterly Refunding Announcement on debt issuance – which to many was more important than the FOMC statement – the Treasury Department said at 8:30am ET that that it anticipates keeping the size of its note and bond auctions unchanged “for at least the next several quarters.” And since that was the same guidance the Treasury has given since the start of last year, it leaves bills, which were the fulcrum security of Jan…See the Story
