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Bush Could Tap Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling
Government ExecutiveLink to more items from this source
Mar. 13, 2002
"According to several sources familiar with the issue, Treasury Secretary Paul O'Neill, who has the authority to tap federal retirement kitties to meet federal obligations, is likely to act on the idea. The move would be a temporary measure that would not jeopardize the retirement accounts, Republicans said. The funds would have to be repaid, with interest."

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