US Treasury to maintain debt functions

WASHINGTON: The US Treasury Department said on Friday that it would continue its debt programs in the event of a government shutdown next week.

"Public debt functions of the Fiscal Service are authorized to continue in the absence of annual appropriations," Treasury Assistant Secretary Nani Coloretti said in a blog on the department's website.

Coloretti also said the Fiscal Service would maintain payments, collections and daily cash management and processing of essential transactions.