Economic Policies

US Treasury Plans to Borrow $1 Trillion in Next 3 Months

The newest borrowing data triggered discussions surrounding Treasury Secretary Scott Bessent’s debt issuance strategy.
US Treasury Plans to Borrow $1 Trillion in Next 3 Months
U.S. dollar bills in Washington, in a file photo. Madalina Vasiliu/The Epoch Times
Andrew Moran
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The U.S. government will borrow more than $1 trillion over the next three months, the Treasury Department projects.

According to the latest marketable borrowing estimates, released on July 28, the Treasury expects to borrow $1.007 trillion during the July-to-September quarter.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."