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US will hit debt limit Jan. 19, Yellen tells Congress

Por: The Boston Globe Politics January 14, 2023

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WASHINGTON — Treasury Secretary Janet Yellen warned Friday that she would have to begin employing “extraordinary measures” on Thursday to continue paying the nation’s bills if lawmakers did not act to raise the statutory debt limit and that her powers to delay a default could be exhausted by early June.Yellen’s letter to Congress was the first sign that resistance by House Republicans to lifting the borrowing cap could put the US... + full article



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