The U.S. Treasury Department said on Friday there is only $88 billion in extraordinary measures left for the government to pay its bills as of Wednesday, down from $110 billion a week earlier.
left for the government to pay its bills as of Wednesday, down from $110 billion a week earlier.
As Bloomberg noted, “The measures are a collection of various accounting gimmicks that enable the administration to keep selling debt even though it has run up against the $31.4 trillion borrowing ceiling imposed by Congress.”
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