US Government Will Borrow $72 Billion In Debt Auctions Next Week, Currently Borrows 40 Cents Of Every Dollar That It Spends

- Gov’t will borrow $72B in debt auctions next week (AP, Aug. 3, 2011): WASHINGTON (AP) — The government will borrow $72 billion in debt auctions next week now that Congress has raised the nation’s borrowing limit. The Treasury Department says it will sell 3-year notes, 10-year notes and 30-year bonds to raise the money. [...] continue reading the breaking news