WASHINGTON, March 6 (Reuters) - U.S. Treasury Undersecretary Randal Quarles said on Monday the government had accessed the last of its liquidity tools to stay under its $8.184 trillion statutory debt ceiling.
The treasury said earlier it is auctioning a 6-day cash management bill and suspending new investments of the Civil Service Retirement and Disability Fund. It said it also will likely auction a one-day cash management bill to avoid breaching the ceiling.
Treasury previously dipped into other government pension ane foreign exchange funds and has halted sales of State and Local Government Series securities (SLGS).
"Today we have begun accessing the last one. So we've used all the other tools," Quarles said following a speech to state treasurers.
Quarles, who is in charge of domestic finance, also said the government was "running out of room" under the debt ceiling and it was imperative that Congress act to lift it before the March legislative recess.
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