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What extraordinary measures can Treasury take to prevent US from default?

Por: The Hill Politics January 19, 2023

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As lawmakers gear up for a fight over whether to raise the U.S. debt limit, Treasury Secretary Janet Yellen has warned that the country will reach its borrowing cap by Thursday. But while Yellen gave the warning to lawmakers that the technical borrowing cap of nearly $31.4 trillion will be reached this week, she also said that the department will take “extraordinary measures” to ensure that the government pays its bills. The measures will... + full article



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