Treasury department to borrow money for pension fund - Beckley, Bluefield & Lewisburg News, Weather, Sports

Treasury department to borrow money for pension fund

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The Treasury Department says the government is now borrowing money from the federal employee pension fund.

The move allows the government to keep paying its bills while Congress debates an increase to the nation's debt limit.

Major credit rating agency Fitch is threatening to downgrade America's credit rating if lawmakers do not raise the borrowing limit.