#AITokensBounce
U.S. Treasury Adjusts Borrowing Forecast Amid Fiscal Shifts!
According to BlockBeats, the U.S. Treasury just raised its Q2 net borrowing estimate by $391 billion, mainly due to delays in Congress lifting the debt ceiling.
However, if you exclude the lower-than-expected cash balance, the borrowing estimate is actually $53 billion less than February’s prediction!
Meanwhile, Zerohedge reports that fiscal efficiency is quietly improving — with a nod to Elon Musk’s ‘DOGE’ efficiency department, government revenues have slightly outpaced last year, while expenses are holding near historic lows.
Key Takeaway:
Despite the headlines, U.S. financing needs are shrinking quietly — a trend worth watching for both crypto and traditional market investors!
#CryptoNews #FinanceUpdates #BinanceSquare #DOGE #bitcoin
