Publication

2010 - U.S. Govt. Accountability Office, Washington, D.C., District of Columbia

Language

English

Word Count

13,000 words, Guess

Page Count

52 pages

Physical Format

Electronic resource

Identifiers

Alternate Titles

  • Treasury was able to fund economic stabilization and recovery expenditures in a short period of time, but debt management challenges remain

Description

"This report is part of GAO's requirement, under the Emergency Economic Stabilization Act of 2008, to monitor the Department of the Treasury's (Treasury) implementation of the Troubled Asset Relief Program and submit special reports as warranted from oversight findings. It evaluates Treasury's borrowing actions since the start of the crisis, and how Treasury communicates with market participants in the context of the growing debt portfolio and the medium- and long-term fiscal outlook. GAO analyzed market data; interviewed Treasury, the Federal Reserve Bank of New York, and market experts; and surveyed major domestic holders of Treasury securities"--Highlights.

Subjects

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