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Bookmark or Share- Yellen tells Congress U.S. could hit debt limit in mid-January - NPRYellen told Congress her agency will need to start taking "extraordinary measures," or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as Jan. 14.
- What is the debt ceiling? Inside Trump's unprecedented demand to ...Debt ceiling crisis. ... The debt ceiling establishes that, at a certain point, the U.S. Treasury can no longer continue to borrow money to pay the government's fiscal obligations.
- Janet Yellen warns Congress US is coming close to hitting debt limitThe current debt limit extension is slated to end on Jan. 1, though ... The U.S. Treasury website warns that a default on the debt “would precipitate another financial crisis and threaten the ...
- The world is sitting on a $91 trillion problem. ‘Hard choices’ are ...In France, political turmoil has exacerbated concerns about the country’s debt, sending bond yields, or returns demanded by investors, soaring. The first round of snap elections Sunday suggested...
- The U.S. Has Hit the Debt Ceiling. What's Next ... - The New York TimesTime is running out for Congress to raise the nation’s debt limit, which controls how much money the government can borrow to pay its bills. Lawmakers will need to reach a bipartisan agreement to...
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