{"id":33157,"date":"2012-12-27T01:11:19","date_gmt":"2012-12-27T06:11:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33157"},"modified":"2012-12-27T01:11:19","modified_gmt":"2012-12-27T06:11:19","slug":"us-treasury-warns-of-extraordinary-measures-amid-fiscal-cliff-deadlock","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2012\/us-treasury-warns-of-extraordinary-measures-amid-fiscal-cliff-deadlock.html","title":{"rendered":"US Treasury warns of &#8216;extraordinary measures&#8217; amid fiscal cliff deadlock"},"content":{"rendered":"<p>Guardian &#8211; US Treasury secretary Tim Geithner warned on Wednesday he would have to take &#8220;extraordinary measures&#8221; to avoid a default on the US&#8217;s legal obligations as the country is set to breach its $16.4tn (\u00a310.16tn) debt limit.<\/p>\n<p>In a letter to Congress, Geithner said the debt ceiling would be reached on 31 December and that the Treasury could raise $200bn (\u00a3124bn) to fund government spending as a stopgap measure. But he warned that the current impasse over the\u00a0fiscal cliff\u00a0budget crisis meant it was uncertain how long that money would last.<\/p>\n<p><a href=\"http:\/\/www.guardian.co.uk\/world\/2012\/dec\/26\/us-treasury-fiscal-cliff-barack-obama\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guardian &#8211; US Treasury secretary Tim Geithner warned on Wednesday he would have to take &#8220;extraordinary measures&#8221; to avoid a default on the US&#8217;s legal obligations as the country is set to breach its $16.4tn (\u00a310.16tn) debt limit. In a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33157","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=33157"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33157\/revisions"}],"predecessor-version":[{"id":33159,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33157\/revisions\/33159"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}