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Treasury taking another ‘extraordinary’ step to avoid default

Por: The Hill Politics January 25, 2023

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The Treasury Department is expanding the “extraordinary” measures that it is resorting to in order to stave off a U.S. debt default while lawmakers fight over what to do over the debt limit. Treasury Secretary Janet Yellen said in a letter to Speaker Kevin McCarthy (R-Calif.) and other congressional leaders that she would suspend reinvestment into a large government retirement fund, after announcing similar actions last week as the U.S.... + full article



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