Federal Employee News

Friday, March 6, 2015

Politicians continue to act like children as debt limit approaches again

Article Title: Treasury chief begins 'extraordinary measures' to avoid debt default

Snippet of Article: "... “Increasing the debt limit does not authorize new spending commitments. It simply allows the government to pay for expenditures Congress has already approved, thereby protecting the full faith and credit of the United States,” he wrote. ..."

Source: thehill.com