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Lawmakers Draw Battle Lines in Debt Limit Fight

Por: MarketWatch Business January 22, 2023

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The Treasury Department said the U.S. met its $31.4 trillion borrowing limit this past Thursday, though it will be able to use some tactics to keep paying what it owes until early June. But if Congress doesn’t act by then to raise or suspend it, the U.S. faces a potential default on its debt, something Treasury Secretary Janet Yellen and others have said could cause a global financial crisis. The White House has called on Congress to raise the... + full article



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