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What happens when U.S. reaches debt limit as ceiling inches closer

Por: Newsweek Nation January 13, 2023

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U.S. Treasury Secretary Janet Yellen warned House Speaker Kevin McCarthy in a letter on Friday that the U.S. government is projected to reach its debt limit on January 19, leaving less than a week for lawmakers to act to raise the limit.Failure to meet the government's obligations would cause irreparable harm to the U.S. economy, the livelihoods of all Americans and global financial stability, Yellen wrote in the letter, which was also sent... + full article



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