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Geithner informs Congress that government has suspended G-Fund contributions

Geithner informs Congress that government has suspended G-Fund contributions

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By Jamie Coleman
15/01/2013 | 21:05 GMT
  • An extraordinary measure to avoid hitting debt ceiling
  • Keeps $156 bln in spending power by suspending employee pension contributions

Why not head up to the Hill and negotiate? Wouldn’t have to deploy accounting tricks in that case…

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