State and Local Government Series (SLGS) Treasury Debt: A Description

Maguire, Steven.

Library of Congress. Congressional Research Service.

关键词: Debt;    Public debt;    Government debt;   

RP-ID  :  R41811
RP-ID  :  R41811_2011May13

美国|英语

来源: UNT Digital Library

【 摘 要 】

The U.S. Treasury projected the federal debt will reach its statutory limit on May 16, 2011. On May 2, 2011, in anticipation of reaching the statutory debt limit, U.S. Treasury Secretary Timothy Geithner sent a letter to Congress indicating that he would declare a debt issuance suspension period on May 16 to extend Treasury's borrowing capacity until early August 2011.