Daily Archives: December 31, 2012

US Reaches $16.4 Trillion Debt Limit Today

The United States will reach its $16.4 trillion borrowing limit on Dec. 31 and undertake “extraordinary measures” to avoid default, the Treasury Department informed congressional leaders in a letter on Wednesday. The notice about the debt ceiling came packaged with … Continue reading

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US Has Reached $16.4 Trillion Borrowing Limit

The U.S. government reached its $16.4 trillion borrowing limit on Monday, according to the Treasury Department. Treasury Secretary Timothy Geithner informed congressional leaders in a letter Monday that the government has begun employing “extraordinary measures” to avoid default as it … Continue reading

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