Treasury Stops Making Pension Fund Payments to Stay Below Debt Ceiling

Ackerman, Andrew
February 2006
Bond Buyer;2/17/2006, Vol. 355 Issue 32322, p40
Trade Publication
The article reports that the U.S. Department of the Treasury has ceased the making of payments to a large federal employee pension system. It is intended to prevent hitting the 8.18 trillion dollar federal debt limit. The agency is stopping its investment in the Government Securities Investment Fund.


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