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Extraordinary measures become standard as US hits debt limit again

 
Extraordinary measures become standard as US hits debt limit again
Posted Tuesday, May 21st 2013 @ 11am

The United States bumped up against its borrowing limit Sunday, forcing the Treasury Department to employ “extraordinary measures” to make sure the government keeps paying its bills.

After a brief hiatus, the nation’s debt limit has returned as a major hurdle for Washington to overcome, and one that will play a central role in fiscal fights heading into the fall.

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