Jan 17, 2025 · Description of the Extraordinary Measures . ... exercised their authority to take certain extraordinary measures in order to prevent the United States ... Treasury makes approximately $ 8.5 billion in civil service benefit payments from the CSRDF and $300 million in Postal Service retiree health benefit premium payments from the PSRHBF each ...
U.S. Treasury to Take ‘Extraordinary Measures’ Again to Avoid a …
2 days ago · In her letter, Yellen advised that the Treasury’s extraordinary measures would begin by redeeming a portion of, and suspending full investments in, the Civil Service Retirement and Disability Fund. Treasury will also suspend additional investments of amounts credited to the Postal Service Retiree Health Benefits Fund.
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 …
6 days ago · WASHINGTON (AP) — In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, on January 21 in a letter sent to congressional leaders Friday afternoon. She sent a letter in late December to lawmakers …
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan.
Jan 17, 2025 · Treasury Secretary Janet L. Yellen told Congress on Friday that on Jan. 21 the Treasury Department will have to begin using “extraordinary measures” to prevent the United States from ...
Secretary of the Treasury Janet L. Yellen Sends Letter to …
Dec 27, 2024 · Treasury currently expects to reach the new limit between January 14 and January 23, at which time it will be necessary for Treasury to start taking extraordinary measures. I respectfully urge Congress to act to protect the full faith and credit of the United States.
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 …
6 days ago · WASHINGTON -- In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the ...
May 2, 2023 · Extraordinary measures represent a series of actions used to extend the date by which debt limit legislation must be enacted. The authority for using extraordinary measures rests with the Treasury Secretary (codified at 5 U.S.C. §8348 and 5 U.S.C. §8909).
How ‘Extraordinary Measures’ Can Postpone a Debt Limit Disaster
Jan 18, 2023 · When the country comes close to — or hits — the statutory debt limit, the Treasury secretary can find ways to shift money around government accounts to remain under the borrowing cap, essentially...
Treasury is taking ‘extraordinary measures’ because of the debt …
Jan 17, 2023 · In a letter to House Speaker Kevin McCarthy on Thursday, Treasury Secretary Janet Yellen announced that the agency will start taking “extraordinary measures” now that the US has reached its $31.4...
Yellen Says Treasury Will Use 'Extraordinary Measures' on Jan.
6 days ago · WASHINGTON (AP) — In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent ...