[h=1]Treasury Secretary Janet Yellen Takes Measures to Ease Debt-Ceiling Woes[/h]
The Treasury Department will stop fully investing in a government investment in the G-fund in a series of extraordinary measures, or accounting maneuvers, the Treasury Department is taking to keep paying the government's bills.
“By law, the G Fund will be made whole once the debt limit is increased or suspended,” she said. “Federal retirees and employees will be unaffected by this action.”
The Treasury Department will stop fully investing in a government investment in the G-fund in a series of extraordinary measures, or accounting maneuvers, the Treasury Department is taking to keep paying the government's bills.
“By law, the G Fund will be made whole once the debt limit is increased or suspended,” she said. “Federal retirees and employees will be unaffected by this action.”
