Since the Treasury is borrowing from the public to pay for the bailout, others add the interest cost over 30 years.

Since then, the Treasury may borrow any amount needed as long as it keeps the total at or below the authorized ceiling.

The Treasury has been borrowing at that sort of rate for the past few weeks.

With this breathing room, the Treasury could borrow more, he said, and probably make it to April 15.

To finance the deficit, the Treasury borrows money from the public.

The Treasury borrowed 40% of the money it needed.

Unless interest rates drop, the cost will rise next year because the Treasury must borrow more for this year's deficit.

The Treasury has borrowed from the trust, in effect masking a high and rising Federal deficit.

Right now, the Treasury is borrowing about $200 billion a month, mostly to refinance maturing debts.

The Treasury is in fact awash with money, and can borrow at 2% interest for ten years!