The debt managers may have some difficulty projecting borrowings due to debt limit
Electronic auction: provision of services for the provision of funds in the form of opening a revolving credit line with a debt limit
A spending bill and debt limit
increase will require at least eight Democratic votes in the Senate to overcome filibusters.
The "federal debt limit
is once again on autopilot.
New York: The outlook on the US's A credit-ranking was raised to stable from negative by Fitch Ratings after Congress suspended the nation's debt limit
for more than a year, reducing the risk of a default, and as federal deficits decline.
won't be able to borrow more money after the end of February, Treasury Secretary Jacob Lew told lawmakers this week, heightening the urgency around negotiating a new debt limit
WASHINGTON Wed Feb 12, 2014(Reuters) - The House of Representatives narrowly approved a one-year extension of federal borrowing authority on Tuesday after Republicans caved into President Barack Obama's demands to allow a debt limit
increase without any conditions.
After abandoning late Monday their plan to lift the debt limit
and restore military pension cuts, House GOP members are now prepared to vote on a "clean" debt ceiling increase Wednesday, with the borrowing limit to be extended until March 15, 2015.
said Democrats will continue to insist that any debt limit
legislation omit add-ons, even bipartisan proposals like repealing military pension cuts.
Extraordinary measures begun by the Treasury to remain under the debt limit
"are likely to be exhausted in less than three weeks," Lew said on Friday in a letter to House Speaker John Boehner, an Ohio Republican.
It would be a mistake to wait until the eleventh hour to get this done," Lew said in a speech at the Bipartisan Policy Center, adding "the fact is, simply delaying action on the debt limit
can cause harm to our economy, rattle financial markets and hurt taxpayers.
Rising debt levels, along with continued differences in views of fiscal policy, led to a series of contentious debt limit
episodes in recent years.