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U.S. Treasury Projects $514 Billion Borrowing Surge

4/29/2025

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Summary

Story summary

The U.S. Treasury projects borrowing of $514 billion for April-June 2025, a significant increase from $123 billion.
The actual cash balance at the end of March was $406 billion, falling short of the $850 billion estimate.
For July-September 2025, borrowing is anticipated to reach $554 billion, contingent on resolving the debt limit.
Financing plans will be disclosed by the Treasury on April 30, 2025.

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Story summary

The U.S. Treasury projects borrowing of $514 billion for April-June 2025, a significant increase from $123 billion.
The actual cash balance at the end of March was $406 billion, falling short of the $850 billion estimate.
For July-September 2025, borrowing is anticipated to reach $554 billion, contingent on resolving the debt limit.
Financing plans will be disclosed by the Treasury on April 30, 2025.