07/19/2022
https://congress.gov...
"Now, is the Treasury considering being involved in the IMF's NAB, the new arrangement to borrow facility?"
"And it is a 30-day provision, so we would expect that within the next three or four weeks in front of Congress, the decision-making there."
"The way the law of the land is structured, we can't lend money to the IMF without the authorization of the Congress of the United States."
"The President's budget that he submitted this year puts us in a very harsh spiral based on the debt-to-GDP ratio, based on the tax increases, and for not addressing the cost drivers of our budget."