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U.S. debt limit

U.S. debt limit

(Getty Images News)
President Barack Obama delivers his State of the Union speech on Capitol Hill in Washington, Jan. 28, 2014.
(Getty Images News) President Barack Obama delivers his State of the Union speech on Capitol Hill in Washington, Jan. 28, 2014.
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President Obama Signs Debt Limit Measure

President Barack Obama on Saturday signed separate measures into law to lift the federal debt limit and restore benefits that had been cut for younger military retirees.

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U.S. Taps Pension Fund to Avoid Passing Debt Limit

Treasury Secretary Timothy Geithner says the government has begun borrowing from the federal employee pension fund to keep operating without surpassing its debt limit.

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