U.S. Will Hit Debt Limit On Monday
The Outstanding U.S. Public Debt as of 26 Dec 2012 at 10:07:21 PM GMT
U.S. To Hit Debt Limit Monday -- FOX News
The U.S. Treasury on Wednesday announced the first in a possible series of emergency steps to push back the day when the government will exceed its legal borrowing authority as imposed by the U.S. Congress.
The Treasury said on Dec. 28 it would suspend issuance of State and Local Government Series securities, known as "slugs", which are special low-interest Treasury securities offered to state and local governments to temporarily invest proceeds from municipal bond sales.
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WNU Editor: The U.S. national debt (in real time) can be viewed here.
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debt crisis
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