Today news
About the same in other media
07.02 - 18:59
06.02 - 13:57
05.02 - 23:23
05.02 - 02:41
04.02 - 13:33
03.02 - 14:35
U.S. Nears Debt Ceiling, Begins Extraordinary Measures to Avoid Default
Reading now: 807
The Treasury Department began taking special measures to keep paying the government’s bills on Thursday as the U.S. bumped up against its borrowing limit, kicking off a potentially lengthy and difficult debate in Congress over raising the debt ceiling.
With the federal government constrained by the roughly $31.4 trillion debt limit, the Treasury Department began deploying so-called extraordinary measures. Those accounting maneuvers, which include suspending investments for certain government accounts, will allow the Treasury to keep paying obligations to bondholders, Social Security recipients and others until at least early June, the department said last week.
Read more on wsj.comAbout this in other media
Social Security, Medicare Cuts Sidelined in Debt-Ceiling Talks wsj.com /1 year ago
How to Play ‘Debt-Ceiling Chicken’ wsj.com /1 year ago
How to Play ‘Debt-Ceiling Chicken’ wsj.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
