The US Treasury said it would adjust its handling of civil service pension fund assets to be able to keep operating under the US$16.394 trillion borrowing limit without slashing federal spending. Photo: AFP The US Treasury said it would adjust its handling of civil service pension fund assets to be able to keep operating under the US$16.394 trillion borrowing limit without slashing federal spending. Photo: AFP
The US Treasury said it would adjust its handling of civil service pension fund assets to be able to keep operating under the US$16.394 trillion borrowing limit without slashing federal spending. Photo: AFP

US hits debt ceiling with ‘cliff’ still unresolved

The US Treasury said it would adjust its handling of civil service pension fund assets to be able to keep operating under the US$16.394 trillion borrowing limit without slashing federal spending. Photo: AFP The US Treasury said it would adjust its handling of civil service pension fund assets to be able to keep operating under the US$16.394 trillion borrowing limit without slashing federal spending. Photo: AFP
The US Treasury said it would adjust its handling of civil service pension fund assets to be able to keep operating under the US$16.394 trillion borrowing limit without slashing federal spending. Photo: AFP
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