Zero Hedge — Treasury To Issue Half A Trillion Dollars In Debt In Q4

This drawdown in cash, and jump in government outlays, was to be expected following the latest Monthly Statement from the Treasury which showed a surge in government outlays, which hit a record high $429 billion in June, for reasons discussed previously.

What austerity?

Zero Hedge
Treasury To Issue Half A Trillion Dollars In Debt In Q4

Tyler Durden