U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars

[Dont Taz Me Bro]

This country is either going to end up bankrupt or dealing with rapid inflation

U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars

The U.S. government expects to borrow a record $4.5 trillion this fiscal year as it steps up spending to battle the coronavirus pandemic and what is likely to be the deepest economic downturn since the Great Depression.

www.wsj.com

 

[rightwinger]

I’m surprised it is not higher with tax revenue being frozen

 

[Mac-7]

This has to stop

dems will never return to work till the helicopter money runs out

 

[rightwinger]

This has to stop

dems will never return to work till the helicopter money runs out

Have Trump stand up and tell everyone it is safe to return to work.

He lacks the guts and wants to blame those who are making the tough decisions

 

[Mac-7]

This has to stop

dems will never return to work till the helicopter money runs out

Have Trump stand up and tell everyone it is safe to return to work.

He lacks the guts and wants to blame those who are making the tough decisions

He’s pissin’ in the wind right now

and so am I

 

[the other mike]

This country is either going to end up bankrupt or dealing with rapid inflation

U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars

The U.S. government expects to borrow a record $4.5 trillion this fiscal year as it steps up spending to battle the coronavirus pandemic and what is likely to be the deepest economic downturn since the Great Depression.

www.wsj.com

They've been predicting that since 1987 when the national debt was less than $ 5 trillion.

 

[Toddsterpatriot]

This country is either going to end up bankrupt or dealing with rapid inflation

U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars

The U.S. government expects to borrow a record $4.5 trillion this fiscal year as it steps up spending to battle the coronavirus pandemic and what is likely to be the deepest economic downturn since the Great Depression.

www.wsj.com

This country is either going to end up bankrupt or dealing with rapid inflation

Inflation caused by the collapse of GDP, not caused by borrowing.

 

[Toddsterpatriot]

This country is either going to end up bankrupt or dealing with rapid inflation

U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars

The U.S. government expects to borrow a record $4.5 trillion this fiscal year as it steps up spending to battle the coronavirus pandemic and what is likely to be the deepest economic downturn since the Great Depression.

www.wsj.com

They've been predicting that since 1987 when the national debt was less than $ 5 trillion.

Less than $2.5 trillion.

 

[Fed Starving]

I will quote myself for the millionth time on this issue because my position is the same.

That isn't my debt. I am not responsible to pay any of that debt.

 

[EdwardBaiamonte]

I will quote myself for the millionth time on this issue because my position is the same.

That isn't my debt. I am not responsible to pay any of that debt.

Are you talking about legally responsible or just not feeling personally responsible???