Treasury Says Debt Limit at $16.699 Trillion After Suspension
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The U.S. debt ceiling as of yesterday was $16.699 trillion, the first number released by the Treasury Department since the limit was suspended in early February.
The U.S. Congress voted at the end of January to suspend the limit, which was then $16.394 trillion, through May 18 before President Barack Obama signed it into law in early February. The Treasury can continue borrowing for several months by shifting money among government accounts.