U.S. Treasury takes step to avoid hitting debt limit

WASHINGTON — The federal government says it will temporarily suspend sales of U.S. Treasury securities to state and local governments at noon on Friday, the first step to avoid breaching the nation's borrowing limit. The move announced Wednesday by Treasury officials is expected to be followed by other bookkeeping maneuvers, all of which have the same ...

Leave a Reply

Your email address will not be published. Required fields are marked *