Today news
About the same in other media
07.02 - 18:59
06.02 - 13:57
05.02 - 23:23
05.02 - 02:41
Treasury to Begin Extraordinary Measures to Pay Bills Amid Debt-Ceiling Debate
Reading now: 649
The Treasury Department is set to begin taking special measures to keep paying the government’s bills on Thursday as the divided Congress braces for a potentially lengthy and difficult debate over raising the debt ceiling.
With the federal government about to run up against the debt limit, which Congress set at roughly $31.4 trillion in 2021, the Treasury Department has said it expects to start 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
How to Play ‘Debt-Ceiling Chicken’ wsj.com /1 year ago
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
Show more
The website fvbb.com 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.
