The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year

It was another crazy news week, so it's understandable if you missed a small but important announcement from the Treasury Department: The federal government is on track to borrow nearly $1 trillion this fiscal year — Trump's first full year in charge of the budget.

Publisher: Washington Post | Author: Heather Long

TAGS
governance, national debt, and republicans
DATE PUBLISHED
2018-02-04 (Modified: 2018-02-04)

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https://www.washingtonpost.com/news/wonk/wp/2018/02/03/the-u-s-government-is-set-to-borrow-nearly-1-trillion-this-year/?utm_term=.5c5fafd48b7c

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