{ "id": "R41811", "type": "CRS Report", "typeId": "REPORTS", "number": "R41811", "active": true, "source": "EveryCRSReport.com, University of North Texas Libraries Government Documents Department", "versions": [ { "source": "EveryCRSReport.com", "id": 447207, "date": "2015-10-29", "retrieved": "2016-04-06T18:03:58.268650", "title": "State and Local Government Series (SLGS) Treasury Debt: A Description", "summary": "On February 4, 2014, in anticipation of no increase in the statutory debt limit, the U.S. Treasury announced in a press release that it would suspend \u201csales of State and Local Government Series (SLGS) nonmarketable Treasury securities until further notice\u201d on February 7, 2014. The debt limit was extended on February 15, 2014, and the Treasury resumed sales of SLGS on February 18, 2014. As of September 30, 2014, SLGS represented 0.6% ($105.7 billion) of total debt outstanding. Suspending SLGS does not change the debt limit but rather just delays the date when it is reached. Some have expressed concern that a suspension may have a negative impact on state and local government finances. This report explains SLGS and how suspension may impact state and local government bond issuers.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R41811", "sha1": "c4e0156e91e446b9b82b77b2d135a649b10ea917", "filename": "files/20151029_R41811_c4e0156e91e446b9b82b77b2d135a649b10ea917.html", "images": null }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/R41811", "sha1": "9154db5f15a452436207d76f610fc1785a6ccb64", "filename": "files/20151029_R41811_9154db5f15a452436207d76f610fc1785a6ccb64.pdf", "images": null } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc808974/", "id": "R41811_2014Nov10", "date": "2014-11-10", "retrieved": "2016-03-19T13:57:26", "title": "State and Local Government Series (SLGS) Treasury Debt: A Description", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20141110_R41811_2261f4236db101362db29c5f4fbd2f53eef64754.pdf" }, { "format": "HTML", "filename": "files/20141110_R41811_2261f4236db101362db29c5f4fbd2f53eef64754.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc40155/", "id": "R41811_2011May13", "date": "2011-05-13", "retrieved": "2011-08-27T10:13:38", "title": "State and Local Government Series (SLGS) Treasury Debt: A Description", "summary": "The U.S. Treasury projected the federal debt will reach its statutory limit on May 16, 2011. On May 2, 2011, in anticipation of reaching the statutory debt limit, U.S. Treasury Secretary Timothy Geithner sent a letter to Congress indicating that he would declare a debt issuance suspension period on May 16 to extend Treasury's borrowing capacity until early August 2011.", "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20110513_R41811_6dba73c4d74aea56b20cdd4ebdda1811c9267244.pdf" }, { "format": "HTML", "filename": "files/20110513_R41811_6dba73c4d74aea56b20cdd4ebdda1811c9267244.html" } ], "topics": [ { "source": "LIV", "id": "Debt", "name": "Debt" }, { "source": "LIV", "id": "Public debt", "name": "Public debt" }, { "source": "LIV", "id": "Government debt", "name": "Government debt" } ] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc40154/", "id": "R41811_2011May6", "date": "2011-05-06", "retrieved": "2011-08-27T10:13:38", "title": "State and Local Government Series (SLGS) Treasury Debt: A Description", "summary": "This report explains State and Local Government Series (SLGS), a nonmarketable custom tailored security, and how suspension may impact state and local government issuers.", "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20110506_R41811_b5c6690d3c016e806ca5b264fde3ecaf3ae90a40.pdf" }, { "format": "HTML", "filename": "files/20110506_R41811_b5c6690d3c016e806ca5b264fde3ecaf3ae90a40.html" } ], "topics": [ { "source": "LIV", "id": "Debt", "name": "Debt" }, { "source": "LIV", "id": "Local government", "name": "Local government" }, { "source": "LIV", "id": "State and local government", "name": "State and local government" } ] } ], "topics": [ "Economic Policy" ] }