Withholding G Fund Payments to Avoid the Debt Ceiling
The G fund is again being used as a stop-gap measure to avoid the federal government hitting the debt ceiling for the second time in a few months.
The G fund is again being used as a stop-gap measure to avoid the federal government hitting the debt ceiling for the second time in a few months.
The next political debate on the federal debt will be the question of raising the debt ceiling which is currently about $14.3 trillion. Since this ceiling will be reached in a short time, and since Congress has not yet voted to raise the debt limit, what will be the impact on federal retirement funds while the debate continues?