Buck, who assumed office on March 30, 2019; notes that the $3.36 trillion monetary discrepancy between the Treasury Department’s public informational release and the actual figures relevant to the U.S. national debt arises from the agency’s failure to account for the Federal Reserve’s intervention in the financial sector as a means of mitigating the economic tumult wrought by the COVID-19 pandemic.
Debt Indices/ Federal Budget Deficits
Buck, who assumed office on March 30, 2019; notes that the $3.36 trillion monetary discrepancy between the Treasury Department’s public informational release and the actual figures relevant to the U.S. national debt arises from the agency’s failure to account for the Federal Reserve’s intervention in the financial sector as a means of mitigating the economic tumult wrought by the COVID-19 pandemic.
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