US Treasury Reportedly Asks if Federal Agencies Can Delay Payments to Avert Debt Default

May 23rd 2023 3:53pm EDT

As a default on the US national debt looms ever closer, thanks to an impasse in Congress, the US Treasury is rushing to push that date back as far as possible. According to Tuesday reports in US media based on “people familiar with the matter,” that includes asking federal agencies if they can delay payments.

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