Mick Mulvaney, director of the Office of Management and Budget, left, and Steven Mnuchin, US. Treasury secretary, arrive at the White House on Friday. Photo: Bloomberg

US government borrowing soars to highest level since recession, despite strong economy

The second-half borrowing estimate of US$769 billion is the highest since US$1.1 trillion in July-December 2008

Topic |   United States

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Mick Mulvaney, director of the Office of Management and Budget, left, and Steven Mnuchin, US. Treasury secretary, arrive at the White House on Friday. Photo: Bloomberg
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