US debt limit goes back into effect

Posted online March 17, 2017 | 11:07 am

The national debt limit went back into effect Thursday at a level near $20 trillion.

In a letter to lawmakers, Treasury Secretary Steven Mnuchin said he's started employing bookkeeping measures to avoid breaching the new limit.

The limit - which affects borrowing - has been suspended since November 2015.

Read more from The Associated Press.

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