U.S. Treasury Secretary Yellen Warns America Will Reach its Debt Limit Soon of $31.4 Trillion
Posted on 01/13/2023
U.S. Treasury Secretary Janet Yellen notified Congress that the U.S. government will reach its statutory debt limit next Thursday. Secretary Yellen asked U.S. House Speaker Kevin McCarthy to either suspend or increase the U.S. debt limit. After that, the Treasury Department will begin “taking certain extraordinary measures to prevent the United States from defaulting on…
