US hits debt limit – again

The Hill Contributor
Font Size:

WASHINGTON – The United States bumped up against its borrowing limit Sunday, forcing the Treasury Department to employ “extraordinary measures” to make sure the government keeps paying its bills.

After a brief hiatus, the nation’s debt limit has returned as a major hurdle for Washington to overcome, and one that will play a central role in fiscal fights heading into the fall.

Extraordinary measures become standard as US hits debt limit again – The Hill