Treasury launches ‘extraordinary measures’ to delay debt limit ...Middle East

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Treasury launches ‘extraordinary measures’ to delay debt limit
Treasury Secretary Janet L. Yellen initiated special accounting tools Thursday to extend the government’s ability to borrow as the federal debt bumped into a $31.4 trillion statutory limit. The bookkeeping maneuvers employed by Treasury suspend investments in several government accounts, temporarily reducing the amount of debt below the borrowing ceiling and preventing additional debt from being […] The post Treasury launches ‘extraordinary measures’ to delay debt limit appeared first on Roll Call.

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