ENTITY Frederick Kempe

Frederick Kempe

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RESEARCH · CL_21035 · May 7 · 10:46

US Treasury to borrow $2 trillion amid soaring deficit and debt concerns

The U.S. Treasury is projected to borrow over $2 trillion by the end of the current fiscal year, with estimates from the Office of Management and Budget (OMB) indicating a deficit of $2.06 trillion. This figure surpasse…