State and Local Government Series (SLGS) Treasury Debt: A Description
Description:
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.
Date:
May 13, 2011
Creator:
Maguire, Steven
Item Type:
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Partner:
UNT Libraries Government Documents Department