US borrowing at record rates

 

Nothing new here... it's amazing that just a few years ago the Federal Reserve was trying to figure out what to do once all the debt was bought back!

Treasury Expects to Borrow Record Amount

The government expects to tap $117 billion from the credit markets this quarter, which would mark the largest amount ever borrowed in any quarter, the Treasury Department said Monday.
(Guest Bloggers 11/04/03)