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The Treasury added $111B in debt during March. Total Bills outstanding (short-term debt) actually shrunk by $126B. This is the biggest reduction since September of last year. As highlighted previously, the Treasury was actively reducing short-term debt for most of 2021. In 2020, Covid expenses were paid for by borrowing at the short end of […]
The post Annualized Interest on US Debt Increased $16.4B in 6 Months first appeared on SchiffGold.