https://cdn.thefiscaltimes.com/cdn/farfuture/zJRR4RWfGQgiRyM9mydG1vH8Lr3VS-SDxyJVzZhcHDQ/mtime:1431806417/sites/default/files/articles/03022010_ceiling_debt_article.jpg

treasury’s bag o’ tricks may not avert catastrophe

In November 1995, then- Treasury Secretary Robert Rubin set in motion series of extraordinary financial maneuvers to keep the government afloat after budget dispute between Democratic President Bill Clinton and Republican-controlled Congress threatened to force United States to default on its bond obligations..

Most controversial news of the day, as detected by AI.