US Hits Borrowing Limit — Treasury Implements ‘Extraordinary Measures’ — Here’s What It Means for Your 401Ks

Reading Time: 3 minutes The Treasury Department is starting ‘extraordinary measures’ to avoid a U.S. default after the federal debt limit was reached on Thursday. This measure will allow the government to keep paying bills while Congress negotiates to try and avoid an economic meltdown. American debt is now at an eye-watering $31.38 trillion – that’s 120 percent of […]

Source: US Hits Borrowing Limit — Treasury Implements ‘Extraordinary Measures’ — Here’s What It Means for Your 401Ks

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