US economy: U.S. closes in on something it hasn't done since WWII — borrow more money than it raises

Amid the economic devastation caused by the coronavirus pandemic, the U.S. government is nearing a new — and potentially ominous — fiscal milestone: it will borrow as much or more this year than it raises through taxes and other means.

Read more at: 
U.S. closes in on something it hasn't done since WWII — borrow more money than it raises - MarketWatc

US Economy: Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year - by Heather Long

t 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.

 Read more: Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year - hicago Tribune