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Extraordinary Measures is a 2010 American medical drama film starring Brendan Fraser, Harrison Ford, and Keri Russell. It was the first film produced by CBS Films, the film division of CBS Corporation, who released the film on January 22, 2010. The film is about parents who form a biotechnology company to develop a drug to save the lives of ...
Extraordinary measures are accounting maneuvers that the Treasury uses to enable the federal government to continue to meet its various financial obligations while there is an impasse over the debt ceiling. Said measures were first used by it in 1985, and Congress granted the Treasury permission to continue using them the following year. [6]
In a letter to Congress of April 4, 2011, Treasury Secretary Timothy Geithner explained that when the debt ceiling is reached, the US Treasury can declare a debt issuance suspension period and utilize "extraordinary measures" to acquire funds to meet federal obligations but which do not require the issue of new debt, [43] such as the sale of ...
“This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin using on January 21,” Yellen wrote in a letter to the leaders of ...
Yellen said in the letter that the debt ceiling could be reached between Jan. 14 and Jan. 23, at which point the Treasury would, "start taking extraordinary measures," to prevent the country from ...
The department has in the past deployed what are known as “extraordinary measures,” or accounting maneuvers, to keep the government operating. But once those measures run out, the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government’s ability to borrow.
In January 2012, the U.S. debt hit the new limit of $15.194 trillion and the treasury began using extraordinary measures once again. The President requested the final increase, to $16.394 trillion. On January 18, 2012, the House passed a disapproval of the second debt limit increase by a vote of 239–176.
(The Center Square) – The day after President Donald Trump takes office, the U.S. Treasury said it will employ "extraordinary measures" to avoid hitting the debt limit. In a letter, outgoing ...