Iraqi protesters walk over a big poster with the logo of the US Department Of The Treasury, that was spread on the street by the organizers to show disrespect, during a rally for the Shiite group Asaib Ahl al-Haq, in Baghdad, Iraq, Saturday, Dec. 14, 2019.   (AP Photo/Nasser Nasser)

US relying on Treasury securities to keep things afloat amid growing debt

The Director of Strategic Issues at the Government Accountability Office, Kris Nguyen, joined Federal Drive with Tom Temin for some of the threats to Treasury…

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FILE - In this Wednesday, Oct. 16, 2013, file photo, the U.S. Treasury Building stands in Washington. On Tuesday, Feb. 16, 2016, the Treasury Department reports on foreign holdings of U.S. debt for December 2015. (AP Photo/J. David Ake, File)

Treasury eyes TSP’s G fund as stopgap way to avoid debt ceiling

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President Donald Trump/(AP Photo/Carolyn Kaster)Donald Trump

How concerned are you about the prospect of a government shutdown?

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FILE - In this photo taken June 27, 2017, the U.S. Senate is seen on Capitol Hill in Washington. July shapes up as one of the most critical tests for President Donald Trump's agenda in Congress. Get health care done in the Senate, a budget in the House and overhaul of the nation's tax code will be next up. Falter, and it remains to be seen what Republicans can accomplish legislatively.  (AP Photo/J. Scott Applewhite)

Prospect of sequestration isn’t the only reason the House minibus has little chance of survival

The House passed a “minibus” of 2018 spending bills before leaving town for a month-long recess. Budget experts say the possibility of sequestration isn’t…

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Dollar sign with line graph

Tapping into the G Fund is one of six options for Treasury as debt limit nears

The Congressional Budget Office detailed in a new projection that the government would hit the debt limit by March 15, and Treasury would have to take…

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John Boehner

Lawmakers press for two-year deal on debt ceiling, federal budget

House Speaker John Boehner (R-Ohio) wants to make one last budget deal before he leaves Congress at the end of the week. The two-year deal is expected to designate increases in defense spending as Overseas Contingency Operations funds, and would boost civilian agency spending as well, though not at the levels President Barack Obama requested.

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