মঙ্গলবার, ১ নভেম্বর, ২০১১

Treasury projects borrowing of $305 billion

(AP) ? The Treasury Department is seeking to borrow $305 billion in the current quarter through December and announced plans to borrow $541 billion in the first three months of next year. The first quarter amount would be the second highest borrowing on record.

The latest estimate of borrowing plans for the October-December quarter is $19 billion higher than an estimate Treasury made three months ago. Treasury officials said lower-than-expected government tax receipts increased the borrowing estimate.

The projection that the government will borrow $541 billion in the January-March quarter would rank second below the all-time high borrowing of $569 billion in the October-December quarter of 2008. That borrowing occurred when the government was spending massive amounts to battle the financial crisis.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-10-31-Treasury%20Borrowing/id-d29dbcc9176645e08a4010fcd721f25c

stanford when does daylight savings time end usc football rocky horror picture show rutgers world series mvp risky business

কোন মন্তব্য নেই:

একটি মন্তব্য পোস্ট করুন