Brace for debt-limit whiplash. The ‘when’ gets risky for a split Congress.
[ad_1] After the U.S. technically reached the $31.4 trillion debt limit in late January, the Treasury Department started taking “extraordinary measures” to keep the country from defaulting. That wonky process, which involves accounting maneuvers that reduce certain types of government debt, gave the nation a borrowing cushion of about $800 billion at the beginning of … Read more