🇺🇸LATEST: The U.S. borrowed $654 BILLION in one week.\n\nMost of it was short-term debt used to pay off old debt. Since 2020, this kind of borrowing is up $4 TRILLION and now makes up about 1 in 5 dollars the government owes.\n\nThe U.S. is relying more on short-term borrowing.
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🇺🇸LATEST: The U.S. borrowed $654 BILLION in one week.\n\nMost of it was short-term debt used to pay off old debt. Since 2020, this kind of borrowing is up $4 TRILLION and now makes up about 1 in 5 dollars the government owes.\n\nThe U.S. is relying more on short-term borrowing.