Treasury Department to take ‘extraordinary measures’ after hitting $36 trillion debt limit as soon as mid-January

Quick Summary:

On Jan.2, the debt will dip temporarily due to a scheduled redemption of nonmarketable securities held by a federal trust fund associated with Medicare payments.

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Article Details

Author / Journalist: The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Janet Yellen U.S. Department of the Treasury Debt ceiling

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-28 @ 15:44:01 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 26 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 24714010

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 9 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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Publisher ID: #95

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