Treasury Says It Takes More 'extraordinary Measures' To Stay Under Debt Limit

By Robert Schroeder Markets MarketWatch Pulse

The Treasury Department has taken a pair of so-called "extraordinary measures" to stay under the debt limit, Secretary Steven Mnuchin wrote to congressional leaders on Thursday. Mnuchin said he is suspending investments in a civil service retirement fund and a separate federal employees' fund. Analysts expect these measures to last through the fall.

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