• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

US Readies Arsenal to Avoid Breaching Borrowing Cap

August 3, 2021 by Forex Winner Leave a Comment

US Readies Arsenal to Avoid Breaching Borrowing Cap

Source: WSJ

United States Treasury Secretary Janet Yellen unveiled additional measures to prevent breaching the government’s borrowing limit, which was reimposed on Sunday.

  • Yellen said the Treasury Department will suspend reinvestments by a number of retirement funds for civil servants and postal workers starting Monday.
  • The funds will only be made whole once the debt limit is either suspended or increased, which Yellen urged Congress to do as soon as possible.
  • Yellen did not give a timetable for the emergency measures but earlier said these could be exhausted before the summer recess in September.
  • The Treasury Department expects to issue $673 billion of debt between July and September should the limit be raised or suspended.
  • The Treasury also plans to borrow another $703 billion in the fourth quarter of 2021.
  • The debt limit was reinstated at around $28.5 trillion on Sunday, including public and government debt.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

forex.com

Forex.com Review

April 17, 2019 By Forex Winner

atc brokers

ATC Brokers Review

June 14, 2019 By Forex Winner

icm capital

ICM Capital Review

September 13, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure