Treasury Dept. Invokes Measures to Try and Fix Biden Disaster

[rangerrebew]

Treasury Dept. Invokes Measures to Try and Fix Biden Disaster
byMatthew Holloway
August 6, 2021

After threatening Congress with “extraordinary measures” to prevent the US Treasury from running out of funds to no avail, Secretary Yellen has been forced to begin the increasingly desperate process of holding off America’s imminent Sovereign default, catastrophic credit reduction, and Government closure for as long as possible. The deadline for the Democrat-controlled Congress to reach an agreement (which they never attempted in good faith) with the Republican minority expired at the close of business on August 2nd.

There is no sure way to tell how long, Yellen can keep the bailing the water out of the rapidly sinking and now motionless ship of state.

    “The period of time that extraordinary measures may last is subject to considerable uncertainty due to a variety of factors, including the challenges of forecasting the payments and receipts of the U.S. government months into the future, exacerbated by the heightened uncertainty in payments and receipts related to the economic impact of the pandemic,” Yellen told Pelosi in a letter.

https://thegoptimes.com/treasury-dept-invokes-measures-to-try-and-fix-biden-disaster/?utm_source=TGT%20Master%200521&utm_medium=email&utm_content=subscriber_id:32167667&utm_campaign=Treasury%20Dept.%20Invokes%20Measures%20to%20Try%20and%20Fix%20Biden%20Disaster

[IsailedawayfromFR]

The options are few when the hole one dug is so deep light does not penetrate that far and one has almost reached the gates of Hades.

[GtHawk]

The options are few when the hole one dug is so deep light does not penetrate that far and one has almost reached the gates of Hades.

I think you meant the gates of China, the democrats work for China.

[catfish1957]

Coming to a Federal Reserve near you.....

[christian]

Imagine that, Biden pisses away TRILLIONS OF DOLLARS, AND IT COVERED BY STOOGES SCREAMING; BLAME TRTUMP FOR SPENDING!...and look at how well it worked!  Manipulating the gullible, blind, USEFUL fools seems to be effective unto FOREVER !  AFTER the damage is done, then the grudging admittance of what foolery it has been.  Liars are liars, and fools are fools, some things changeth not, eh?

[Hoodat]

Not really seeing any disaster here.  The Treasury Dept should refrain from issuing any check when there isn't enough money in the account to cover it.  It's quite simple, really.