Treasury trims its Q3 debt issuance estimate to $350B from $376B, citing lower spending and more...

|By:, SA News Editor

Treasury trims its Q3 debt issuance estimate to $350B from $376B, citing lower spending and more cash on hand. In a statement, Chief Economist Alan Krueger predicted the deficit will fall over the next several years, "although achieving fiscal sustainability over the longer term remains a major challenge."