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Third teenager charged with second-degree murder | SaltWire #newsupdate #news #halifax #police - The U.S. Treasury said on Monday it expects to borrow $243 billion in the second quarter, $41 billion more than the January estimate largely due to lower cash receipts, partially offset by a higher cash balance at the beginning of the quarter.
The second-quarter financing estimate assumes a cash balance of $750 billion at the end of June, the Treasury said in a statement.The Treasury also announced it expects to borrow $847 billion in the third quarter, as it projects a cash balance of $850 billion at the end of September. It also said in the first quarter the Treasury borrowed $748 billion in net marketable debt. It ended the first quarter with a cash balance of $775 billion.
The Treasury explained that the end-March cash balance was $12 billion below the January forecast because higher cash receipts and lower outlays were partially offset by a $25 billion higher ending cash balance.
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