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Yellen ‘nervous’ about US defaulting on debt

Por: The Hill Politics January 31, 2023

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Treasury Secretary Janet Yellen warned that the U.S. is facing a catastrophic debt crisis if lawmakers fail to raise the borrowing limit, saying the country would face a spiraling recession. “It would be devastating,” Yellen in an interview from Johannesburg, South Africa. “It’s a catastrophe.” But Yellen has made it a point to stay out of the negotiations between the White House and lawmakers, instead acting as the alarm sounder on... + full article



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