U.S. Faces Debt Ceiling Dilemma, Risk of Default Looms
#USDebtLimit #FinancialCrisisThe US risks running out of money to pay bills by August if lawmakers don't reach a debt limit deal, according to the Congressional Budget Office. Treasury has already hit the $36.1 trillion debt limit, with potential consequences of defaulting. read more
Janet Yellen Urges Congress to Act on Debt Ceiling
#USdebtlimit #JanetYellenJanet Yellen alerts Congress about the need for "extraordinary measures" to prevent the US from reaching its debt limit in early 2025, emphasizing the importance of action to maintain the nation's credit. read more