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Posts tagged as “Kevin McCarthy”

Treasury Secretary Janet Yellen Announces “Extraordinary Measures” to Avoid U.S. Default on Debt Ceiling

Key takeaways: Treasury Secretary Janet Yellen announced that the U.S. is projected to reach its borrowing limit of $31.4 trillion on January 19th. The Treasury Department will begin taking “extraordinary measures” next week to prevent the U.S. government from defaulting on its obligations. Yellen’s announcement is part of the HuffPost’s biweekly politics newsletter and is shaping up to be the…