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U.S. will max out on debt soon, setting up political fight

Por: Portland Press Herald World January 12, 2023

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Treasury Secretary Janet Yellen speaks in Washington on Tuesday. Carolyn Kaster/Associated Press, file WASHINGTON — The federal government is on track to max out on its $31.4 trillion borrowing authority as soon as this month, starting the clock on an expected standoff between President Biden and the new House Republican majority that will test both parties’ ability to navigate a divided Washington, with the fragile global economy at stake.... + full article



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