Discussion Paper

The Federal Debt-Limit Standoff of 2013 in the Financial Accounts of the United States


Abstract: When there is a legislative standoff over raising the federal statutory debt limit, the Treasury Department can use its so-called "toolbox of extraordinary measures" to temporarily obtain additional room to borrow and finance the government's operations.

https://doi.org/10.17016/2380-7172.0016

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2014-04-21

Number: 2014-04-21