26 Feb 07:34 PM

Closed question
Question about English (US)

Why does the article say "The cap is set to go back into effect"?
Can it not say simply "The cap is set to go into effect"??

Uncle Sam has to find a way to shovel more than $100 billion in cash out the door by the end of this week.

That’s when the U.S. Treasury has to reduce its cash balance to about $199 billion in order to comply with rules surrounding the reinstatement of the debt ceiling. The cap is set to go back into effect at the end of this Friday and at that point the cash balance should be at or below the level it was at when the current suspension went into effect in February 2018.

Read more comments

English (US)

Similar questions