U.S. debt

U.S. Treasury to borrow $776 billion in last 3 months of 2023

In an announcement Monday 30th October 2023, the U.S. Treasury Department said it will be looking to borrow $776 billion.

The Treasury said it expects to borrow $816 billion between January and March 2024.

The announcement comes 10 days after the government said the fiscal 2023 budget deficit would be about $1.7 trillion.

U.S. debt

According to the U.S. Treasury Fiscal Data, the national debt of the United States was $33.52 trillion as of 23rd October 2023.

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