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As U.S. Approaches Debt Limit, Treasury Readies ‘Extraordinary’ Measures

From Real Time Economics
December 11, 2012 - 3:20pm
As the federal government closes in on its legal debt limit, the U.S. Treasury is dusting off its book of so-called extraordinary measures -- moves that will buy it a few extra months to finance Social Security, military salaries and other payments.

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