Extraordinary Measures Transparency Act

This bill requires the Treasury Department to tell Congress about special actions it takes when the government is close to hitting its borrowing limit. These special actions, called "extraordinary measures," help the government keep paying its bills without borrowing more money than legally allowed. If the Treasury thinks the government will hit its borrowing limit within 30 days, it must report to Congress about what measures it plans to use, how much they will cost, and how long they will keep the government funded. The Treasury must also send daily reports to Congress while using these measures and a final report afterward about what was actually done and how much it cost.

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