Debt Limit Extension--1986: Hearing Before the Committee on Finance, United States Senate, Ninety-ninth Congress, Second Session, July 15, 1986

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U.S. Government Printing Office, 1986 - Debts, Public - 33 pages
 

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Page 2 - CHARLES O. SETHNESS, ASSISTANT SECRETARY FOR DOMESTIC FINANCE, DEPARTMENT OF THE TREASURY, ACCOMPANIED BY JERRY MURPHY, FISCAL ASSISTANT SECRETARY Mr.
Page 23 - ... at the end of the calendar year or the beginning of the following year.
Page 6 - For example, last year a senior trust fund manager testified to the House Banking Committee that: Investors, both domestic and foreign, would flee from the Government bond market if there were a default, and confidence in the credit of the United States would only painfully be restored.
Page 11 - American government to do what it says it will do, and the trust of the American people and the rest of the world that the United States will honor its commitments is essential to our well being.
Page 2 - DIRR. Thank you, sir. I am sure I will be able to finish in less time than is alloted to me because I know your pressure of work. We are very appreciative of having this opportunity to appear before you. I have a prepared statement which has been submitted. I ask that it be included in the record. The CHAIRMAN. Without objection, the entire statement will be included in the record. (The statement referred to follows:) STATEMENT...
Page 2 - Sethness, the Assistant Secretary for Domestic Finance for the Department of the Treasury to present the Treasury's position.

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