U.S. to pay down debt

The U.S. Treasury is focused on paying down debt in Q2 2013 for the first time since the global recession, reports ft.com. The Treasury plans to repay a net amount of $53 billion through tax increases, a cyclical recovery in tax revenues and a squeeze on spending. Read more. Also read: U.S. economy up 2.5% […]

April 30, 2013 | Last updated on April 30, 2013
1 min read

The U.S. Treasury is focused on paying down debt in Q2 2013 for the first time since the global recession, reports ft.com.

The Treasury plans to repay a net amount of $53 billion through tax increases, a cyclical recovery in tax revenues and a squeeze on spending.

Read more.

Also read:

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