On March 14 local time, reporters from CCTV learned that USA Treasury Secretary Becerra stated in a letter to lawmakers that the Treasury Department would extend the use of special measures to June 27, allowing the federal government to pay its bills until Congress resolves the debt ceiling issue. Reports indicate that the USA reached a debt ceiling of approximately $36 trillion on January 21, forcing the Treasury Department to take special measures and utilize available Cash to avoid default. Becerra pointed out that due to "considerable uncertainty," the Treasury Department could not estimate how long the special measures and Cash would last, and that the department is expected to report the latest situation to Congress in early May. (CCTV News)
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美国财政部延长特别措施使用期限 应对债务上限问题
The USA Treasury Department has extended the deadline for the use of special measures to address the debt ceiling issue.
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