Debt Limit

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U.S. Treasury expects to borrow $1T for Q3, higher than earlier announced
CNBC Television· 2025-07-28 19:33
Just do want to get some news though first out of the Treasury Department. Megan Cassella has those details. Hi Megan.>> Hey Mike. So Treasury's latest borrowing estimates are out and it's a big number this time. Treasury expecting to borrow just over a trillion dollars in the July through September quarter.That's $453 billion more than what they announced back in April. Now Wall Street had been expecting borrowing to increase, but this is a bigger jump than estimates that I had seen. But Treasury officials ...
X @Bloomberg
Bloomberg· 2025-07-28 19:09
The US Treasury jacked up its estimate for federal borrowing for the current quarter to $1 trillion, mainly due to distortions from the debt limit. https://t.co/4rZ64XzMNN ...
Senate Debates Trump’s Big Beautiful Bill: What’s in It and What’s at Stake? | WSJ News
WSJ News· 2025-06-29 23:35
The Senate is now considering President Trump's one big beautiful bill. The legislation passed a key procedural hurdle late on Saturday night. The A's are 51, the nays are 49.The motion is agreed to. It's a 940 page piece of tax and spending legislation that came out Friday and now they're trying to go through this process of making some final changes, some final amendments. As the Senate Republicans are trying to figure this out, they're dealing with the splits in their own group over things like Medicaid, ...