The Treasury may be deemed to have borrowed from the public to finance the outlays for which the entity borrowed, and thus to have incurred a corresponding interest cost of its own.
The Treasury borrowed a lot of money from the public.
mnli hypothesis: The Treasury borrowed a lot of money from the public. premise: The Treasury may be deemed to have borrowed from the public to finance the outlays for which the entity borrowed, and thus to have incurred a corresponding interest cost of its own.