6 years ago
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Government 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 — President Donald Trump's first full year in charge of the budget. That's almost double what the government borrowed in fiscal year 2017.
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So much for "draining the swamp"....