Snow Calls Again for Debt Limit to Be Raised

Ackerman, Andrew
March 2006
Bond Buyer;3/7/2006, Vol. 355 Issue 32333, p30
Trade Publication
The article reports that John Snow, U.S. Treasury Secretary, had warned Congress that the Treasury Department has consumed all legal actions to avoid hitting the 8.18 trillion federal debt limit. A letter to congressional leaders stated that the Treasury has suspended new investments of the Civil Service Retirement and Disability Fund.


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