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U.S. Treasury To Borrow $3 Trillion In 3 Months To Pay For Pandemic

U.S. Treasury To Borrow $3 Trillion In 3 Months To Pay For Pandemic

verified_publisherNPR - Scott Horsley

The U.S. Treasury Department plans to borrow nearly $3 trillion between April and June to bankroll the federal response to the coronavirus pandemic. It's an unprecedented level of deficit financing to match the historic economic hit caused by the virus. In a single quarter, the government will …

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