Treasury Secretary Janet Yellen warned Congress on Friday that “extraordinary measures” will be necessary as early as Jan. 14 unless Congress acts to raise or otherwise suspend the debt ceiling.Why it matters: President-elect Trump has voiced support to abolish the debt limit despite some of his supporters historically opposing action to raise the debt ceiling during Democratic administrations.Driving the news: The debt limit…
Source : Axios
Author : News7
Publish date : 2024-12-28 01:42:00
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