The United States has already hit its debt ceiling--the legal limit of the amount of money it is allowed to borrow, as established by Congress. Right now, the U.S. Treasury is resorting to "extraordinary measures" to keep paying the country's bills. Sometime between February 15th and March 1st, the Bipartisan Policy Center projects, the Treasury's ability to use these "extraordinary measures" will end.

BING NEWS:
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    On the issue of waiving bank guarantees of ₹24,500 crore, Moondra said VI had asked the government to do away with it for future auctions as has been done in the auctions since 2022.
    11/14/2024 - 1:29 pm | View Link
  • Banks flood US debt market in biggest single-day raise since 2016, BMO says
    Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by financial institutions in a single day since the beginning of 2016, as they anticipate potentially ...
    11/13/2024 - 8:08 am | View Link
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