Treasury Has Just $88 Billion of Measures Left to Avoid Debt Cap
Treasury Department building in Washington, DC.
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The US Treasury Department said in a statement Friday that it had just $88 billion of extraordinary measures to help keep the government’s bills paid as of May 10.
That’s down from around $110 billion a week earlier and that means that just over a quarter of the $333 billion of authorized measures are still available to keep the US government from running out of borrowing room under the statutory debt limit.