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2023 United States debt-ceiling crisis: Difference between revisions
2023 United States debt-ceiling crisis (view source)
Revision as of 20:02, 23 May 2023
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[[File:Screenshot 2023-05-23 135549.png|center|thumb|635x635px|https://www.crfb.org/papers/qa-everything-you-should-know-about-debt-ceiling#how%20bad]] | [[File:Screenshot 2023-05-23 135549.png|center|thumb|635x635px|https://www.crfb.org/papers/qa-everything-you-should-know-about-debt-ceiling#how%20bad]] | ||
=== Extraordinary Mesuares === | === Extraordinary Mesuares === | ||
Secretaries of the Treasury in both Republican and Democratic administrations have exercised their authority to take certain extraordinary measures in order to prevent the United States from defaulting on its obligations as Congress deliberated on increasing the debt limit.<ref>https://home.treasury.gov/system/files/136/Description_Extraordinary_Measures-2023_01_19.pdf</ref> | |||
* Redeeming existing, and suspending new, investments of the Civil Service Retirement and Disability Fund and the Postal Service Retiree Health Benefits Fund | * Redeeming existing, and suspending new, investments of the Civil Service Retirement and Disability Fund and the Postal Service Retiree Health Benefits Fund | ||
* Suspending reinvestment of the Government Securities Investment Fund | * Suspending reinvestment of the Government Securities Investment Fund | ||