The phony war: Treasury Dept to invoke ‘extraordinary measures’ as Congress misses debt-ceiling deadline
by confoundedinterest17 C’mon, Congress will have to approve a massive increase in the US Statutory Debt Limit. But CNBC has the tantalizing “Doom Porn” headline: “Treasury Dept to invoke ‘extraordinary measures’ as Congress misses debt-ceiling deadline.” The Treasury Department will begin conducting emergency cash-conservation steps on Monday to avoid busting the federal borrowing limit after a two-year … Read more