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Treasury Department now taking 'extraordinary measures' on debt

Por: Los Angeles Times Politics January 19, 2023

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The countdown toward a possible U.S. government default is in the offing, and frictions between President Biden and House Republicans are raising alarms about whether the United States can sidestep a potential economic crisis. The Treasury Department on Thursday said in a letter to congressional leaders it has started taking “extraordinary measures” as the government has brushed up against its legal borrowing capacity of $38.381 trillion. An... + full article



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