Treasury taps retirement funds to avoid breaching debt limit
Treasury Secretary Janet Yellen had previously estimated that such steps would likely keep the government running at least until early June.
The Treasury Department is beginning the use of special measures to avoid a U.S. payments default, after the federal debt limit was reached Thursday.
The department is altering investments in two government-run funds for retirees, in a move that will give the Treasury scope to keep making federal
Learn more about reprints and licensing for this article.
