Geithner tells Conrgess he is unable to fully invest the "G Fund" in interest bearing securities as of today

An extraordinary measure to avoid hitting debt ceiling Keeps $156 bln in spending power by suspending employee pension contributions Why not head up to the Hill and negotiate? Wouldn’t have to deploy accounting tricks in that case…

Originally posted here:
Geithner tells Conrgess he is unable to fully invest the "G Fund" in interest bearing securities as of today

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