US Treasury Adds Measure to Avert a Debt-Ceiling Breach
- Acting Treasury secretary notifies congressional leaders
- Yellen advised of special accounting maneuvers last week
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The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.
The acting Treasury secretary, David Lebryk, notified congressional leaders of the move in a Jan. 23 letter. The new step adds to two measures that then-Treasury Secretary Janet Yellen informed Congress last week the Treasury would begin using as of Jan. 21.