Risk Consultant: US Spending ‘Reckless,’ Treasury to Borrow $1 Trillion in Q3

The U.S. Department of the Treasury announced its current estimates of privately-held net marketable borrowing for the July–September 2023 quarter. It expects to borrow $1 trillion in privately-held net marketable debt.

NTD speaks to a risk consultant on this topic, who says that the amount of debt that the United States is taking on now will put tremendous burden on future generations to come.