Treasury issues less debt than usual as tax receipts rise

08/4/2014 | Bloomberg

The Treasury Department expects to borrow $192 billion this quarter, the lowest amount it has had to borrow for fiscal Q4 since 2007, when it borrowed $105 billion. Economic growth is boosting tax receipts, allowing the Treasury to fund outlays without having to issue as much debt as usual. Next quarter, it expects to borrow $187 billion.

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