- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
US Treasury seeks to borrow a record $3 trillion this quarter
Posted on 5/4/20 at 2:10 pm
Posted on 5/4/20 at 2:10 pm
quote:
Massive stimulus to support the U.S. economy through the coronavirus crisis will cause the Treasury to borrow a record $3 trillion this quarter.
The department on Monday announced the total Monday.
"The increase in privately-held net marketable borrowing is primarily driven by the impact of the COVID-19 outbreak, including expenditures from new legislation to assist individuals and businesses, changes to tax receipts including the deferral of individual and business taxes from April – June until July, and an increase in the assumed end-ofJune Treasury cash balance," the department said in a statement.
LINK
17
Posted on 5/4/20 at 2:12 pm to RLDSC FAN
Posted on 5/4/20 at 2:16 pm to RLDSC FAN
Can you explains what this means? Like really dumb it down like youre explaining it to a 10 year old
Posted on 5/4/20 at 2:17 pm to RLDSC FAN
guess we just going to keep printing money....
Posted on 5/4/20 at 2:18 pm to RLDSC FAN
Posted on 5/4/20 at 2:20 pm to Klark Kent
quote:
Message
US Treasury seeks to borrow a record $3 trillion this quarter by Klark Kent
guess we just going to keep printing money....
That’s not how this works.
Posted on 5/4/20 at 2:21 pm to RLDSC FAN
Something is going to have to give.
Posted on 5/4/20 at 2:22 pm to cubsfinger
ORLY?
Posted on 5/4/20 at 2:22 pm to RLDSC FAN
What happened to the Tea Party?
Posted on 5/4/20 at 2:24 pm to cubsfinger
quote:
That’s not how this works.
Then explain it to us in great detail.
Posted on 5/4/20 at 2:29 pm to AndyDupre
quote:
Like really dumb it down like youre explaining it to a 10 year old
We can do whatever we want because we're like your douchebag friend that just flips the whole board over when he's losing at Monopoly.
Posted on 5/4/20 at 2:50 pm to RLDSC FAN
We be fricked.
Posted on 5/4/20 at 2:54 pm to Wally Sparks
quote:
We be fricked.
yeah, because 22 trillion we were good, but 25 trillion we fricked. Posted on 5/4/20 at 2:55 pm to Mike da Tigah
quote:
yeah, because 22 trillion we were good, but 25 trillion we fricked.
At least this last $3T was basically at 0%.
Posted on 5/4/20 at 2:57 pm to Janky
quote:
At least this last $3T was basically at 0%.
Hell. It’s non existent money anyway, so let’s just add another couple trillion on top just to make sure.
Posted on 5/4/20 at 4:06 pm to Mike da Tigah
quote:
yeah, because 22 trillion we were good, but 25 trillion we fricked.
We were fricked long before this.
Posted on 5/4/20 at 4:34 pm to BigAppleTiger
quote:
What happened to the Tea Party?
IRS tour
Posted on 5/4/20 at 4:41 pm to RLDSC FAN
Yet the SBA is sitting on billions in loans that could help small businesses bridge and manage cash flow.
Posted on 5/4/20 at 5:31 pm to BigAppleTiger
They are the people calling to open this shite back up, stop the additional $600 a week unemployment, and the people pissed that companies that don’t need the PPP bailout took it.
Posted on 5/4/20 at 5:40 pm to RLDSC FAN
We heard every single day for 8 years about fiscal responsibility. For past 3 years not a word and debt skyrocketing
Page 1 of 2
Back to top
Follow TigerDroppings for LSU Football News