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VisitMost Affected Government Fund by Extraordinary Measures by March 31, 2025
Civil Service Retirement and Disability Fund • 25%
Postal Service Retiree Health Benefits Fund • 25%
Other government fund • 25%
No significant impact • 25%
Reports from the U.S. Treasury Department or financial news outlets
Yellen Announces Treasury to Implement Extraordinary Measures on January 21 to Avoid $36 Trillion Debt Ceiling Breach
Jan 17, 2025, 10:01 PM
Outgoing U.S. Treasury Secretary Janet Yellen has announced that the Treasury Department will begin implementing 'extraordinary measures' on January 21 to avoid breaching the statutory debt limit. In a letter to congressional leaders, Yellen stated that these measures are necessary as the U.S. government is set to reach its borrowing limit on that date. The measures include halting investments into certain government funds, such as the Civil Service Retirement and Disability Fund and the Postal Service Retiree Health Benefits Fund. Yellen urged Congress to act promptly to increase or suspend the debt ceiling, which currently stands at approximately $36 trillion, to protect the full faith and credit of the United States.
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Postal Service Retiree Health Benefits Fund • 25%
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Civil Service Retirement Fund • 25%
Postal Service Retiree Health Benefits Fund • 25%
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Social Security Trust Fund • 25%
Civil Service Retirement and Disability Fund • 25%
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Suspending issuance of certain securities • 25%
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Civil Service Retirement and Disability Fund • 25%
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New appointee from outside Treasury • 25%
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