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Yellen: Different system needed to end repeated standoffs over US debt ceiling

Por: Associated Press Business May 11, 2023

NIIGATA, Japan (AP) — After dozens of standoffs with Congress over government spending in recent decades, Treasury Secretary Janet Yellen said Thursday that in her opinion, the United States should adopt a different system for national finances.Emphasizing that it was her own opinion, not President Joe Biden’s, Yellen said there are various alternatives for avoiding situations where the Treasury lacks the funds to pay its bills. In January,... + full article



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