Without the ability to sell more debt through United States Treasuries, administration officials have said the government will not be able to pay all of its obligations and risks a downgrade in its credit or even a default.
Formally, Poland and Lithuania were to be distinct, equal components of the federation, each retaining its own army, treasury, civil administration, and laws; the two nations agreed to cooperate with each other on foreign policy and to participate in a joint Diet.
However, because China is the biggest foreign direct and indirect holder of U.S. Treasuries, with around $2 trillion now held in its treasury, the administration's position seems to be that China's 'leverage' is so great that we can't even follow our own law.
We have been very engaged in helping small businesses with tax breaks, which of course are a Treasury- and administration-wide activity, health care, access to these exchanges, and of course the things that are under our purview.
This attainment coincided with John F Kennedy's election to the White House and, seven weeks after starting his new job, McNamara was offered a choice of posts in the new administration – treasury or defence.
On Friday afternoon, he spent two hours on the phone with Henry M. Paulson Jr., the secretary of the treasury, hearing the administration's plan to prevent a collapse of the global economic system.
"This man would make a great treasury secretary in any administration, Democratic or Republican," Mr. Becker said.
Claudius's general policy increased the control of the emperor over the treasury and the provincial administration and apparently gave jurisdiction in fiscal matters to his own governors in the senatorial provinces.
See-Through Vogue Words Back when he was merely the Clinton administration's treasury secretary, Harvard's new president, Larry Summers, was asked by a vituperative columnist (me) how he planned to protect the privacy of bank depositors.
At his U.S. Senate confirmation hearings today, Paulson, President George W. Bush's nominee to become the next treasury secretary, quickly sounded administration themes on taxes, trade and the deficit.
Using data from urban firms in Mexico they showed that larger (measured by revenues) and older firms were more likely to register with the federal treasury, the social security administration (IMSS), and to be enumerated in the Census of firms.
