Treasury warned it would take ‘extraordinary measures’ because of the debt limit. Here’s what that means

“Treasury Secretary Janet Yellen formally put Congress on notice last week that the agency will have to start taking “extraordinary measures” after the US reaches its $31.4 trillion debt limit on Thursday.”

Treasury warned it would take ‘extraordinary measures’ because of the debt limit. Here’s what that means (msn.com)

Click on the link below for a more complete description of these “extraordinary measures.”

Explaining Fluctuations in the Thrift Savings Fund Daily Balance at U.S. Treasury by Mark Skidmore, Camila Alvayay Torrejón, David Pare :: SSRN

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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