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US debt limit crisis
January 14th, 2023 - 09:31 GMT

U.S. eyes avoiding debt crisis next week

ALBAWABA — Treasury Secretary Janet Yellen informed Congress on Friday that the United States is projected to reach its debt limit as early as Thursday. Yellen will then need to turn to “extraordinary measures” to avoid having the U.S. default on its debt, such as divesting payments to provide some leeway for the government to make essential payments. Any such measures and cash on hand would only help for a ...
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