Thomson ReutersMay 20, 2013 22:15
By David Lawder
WASHINGTON (Reuters) - The government added $306 billion in new debt during a four-month suspension of the federal borrowing limit, the Treasury Department said on Monday, but there was no sign on Capitol Hill of any movement toward a budget compromise.
As of Friday, the last business day before the debt limit was officially reset on Sunday, the Treasury said in its daily statement that U.S. debt subject to the limit was $16.7 trillion, compared to $16.394 trillion prior to the suspension in February.
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