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Treasury To Take ‘Extraordinary Measures’ as U.S. Hits Debt Ceiling Saturday
Government Executive: The federal government will hit its borrowing limit on Saturday, but the Treasury Department is prepared to take its usual precautions to buy time for lawmakers to work out a deal to raise or suspend the debt ceiling.
Congress last suspended the debt ceiling in February 2018, in a bipartisan budget deal that temporarily removed the borrowing restriction through March 1, 2019.
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