budget deficit Archives

US Government to Borrow Record $3 Trillion This Quarter

The US government is planning to borrow $3 trillion this quarter – the largest amount it has ever borrowed in a single quarter, and in fact the largest amount it has borrowed in an entire year. At a stroke, the Treasury has essentially quadrupled the size of the projected...

May 6, 2020By Paul-Martin FossEconomy, Goldco Precious Metals Blogbudget deficit, devaluation, inflation, national debt, US dollarRead more...

Can You Afford the Federal Government’s Coronavirus Spending?

The federal government has already pledged $2 trillion to help households and businesses withstand the pressure placed on them from the coronavirus. But the final price tag could end up far higher, perhaps as much as $5 trillion or more. The national debt was already at $23.5 trillion before the...

April 20, 2020By Paul-Martin FossEconomy, Goldco Precious Metals Blogbudget deficit, Federal Reserve, national debt, purchasing power, US dollarRead more...

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Tag - budget deficit

US Government to Borrow Record $3 Trillion This Quarter

Can You Afford the Federal Government’s Coronavirus Spending?