31. Clinton has vetoed previous bills to raise the ceiling, designed to avert a US government default, because of conditions attached to the legislation by his Republican adversaries. 32. Treasury Secretary Robert Rubin on Thursday will take three measures to avoid a US government default, notably by tapping into government trust funds. 33. Treasury officials feared that Congress would not be able to present Clinton with the spending and debt-ceiling measures before the government defaults next Wednesday. 34. Two influential Republican senators said Sunday Congress would approve a higher debt ceiling before a feared government default, but they cautioned strings would be attached. 35. Markets were reassured by emergency measures taken on Monday by US Treasury Secretary Robert Rubin to avoid a federal government payment default. 36. President Bill Clinton Saturday accused Congress of using the threat of a government default as leverage in their budget talks, and called on lawmakers to ditch the strategy. 37. President Bill Clinton was expected to sign the measure, which will avert a government default later this month. 38. Senate Republican leaders and the White House predicted Tuesday that Congress would soon approve short-term legislation to raise the federal debt ceiling and avert a government default. |