: Yellen taps another trust fund to stay below debt ceiling


Treasury Secretary Janet Yellen on Tuesday told Congressional leaders that she had decided not to invest fully in another federal employee trust fund to avoid hitting the debt ceiling.

The move to disinvest from the Government Securities Investment Fund, or G Fund, is one of the “extraordinary measures” that several Treasury secretaries have used since the mid-1990s to prevent the government from defaulting as it approached the limit of debt it can issue.


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