Treasury Announces End of myRA Program After $70 Million Loss
The Treasury Department has announced that it is phasing out the myRA program due to substantial cost overruns and lack of use.
The Treasury Department has announced that it is phasing out the myRA program due to substantial cost overruns and lack of use.
The debt ceiling for the Federal Government has been reached and it is using accounting techniques to keep paying its bills. Federal employees are helping to fund the “extraordinary measures” now in effect.
Treasury Secretary recently sent a letter to House Speaker John Boehner notifying him of “extraordinary measures” the government was taking to deal with hitting the debt limit.
Allegations that the Treasury Dept. used federal employees inappropriately to attack the Kerry tax proposal have been made public.