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Book Synopsis
This book examines the possibility of the federal government reaching its statutory debt limit and not raising it, with a particular focus on government operations. The nature of the federal government''s debt is explained, as are the processes associated with federal borrowing, and historical events that may influence prospective actions. This book also includes an analysis of what could happen if the federal government may no longer issue debt, has exhausted alternative sources of cash, and, therefore, depends on incoming receipts or other sources of funds to provide any cash needed to liquidate federal obligations.

Debt Limit Management & the Government's Role

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    A Hardback by Jonathan D Antonellis, Nicholas P Barone

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      Publisher: Nova Science Publishers Inc
      Publication Date: 24/08/2011
      ISBN13: 9781613244180, 978-1613244180
      ISBN10: 1613244185
      Also in:
      Economic and financial crises and disasters Economics Political economy

      Description

      Book Synopsis
      This book examines the possibility of the federal government reaching its statutory debt limit and not raising it, with a particular focus on government operations. The nature of the federal government''s debt is explained, as are the processes associated with federal borrowing, and historical events that may influence prospective actions. This book also includes an analysis of what could happen if the federal government may no longer issue debt, has exhausted alternative sources of cash, and, therefore, depends on incoming receipts or other sources of funds to provide any cash needed to liquidate federal obligations.

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