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Randall Woods

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THE U.S. TREASURY Department said government borrowing this year will more than double from 2017 to $1.34 trillion in 2018. / BLOOMBERG NEWS

Treasury sees 2018 borrowing needs surging to $1.34T

NEW YORK - The U.S. Treasury Department said government borrowing this year will more than double from 2017 to $1.34 trillion as the Trump administration...
THE UNITED STATES budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president. The Treasury reported this month that the government paid $523 billion in total interest in fiscal 2018, the highest on record. / BLOOMBERG NEWS

Trump’s first annual budget deficit climbs to a six-year high

NEW YORK - The United States budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the highest since 2012...

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