Debt ceiling, Fed decision day nears and House hearings begin

Last Thursday Treasury Secretary Yellen followed up on her earlier letter to Congress and officially notified them that the US had reached its statutory debt ceiling limit and that she, like her predecessors, would start using certain “extraordinary measures” to make sure the ceiling isn’t breached.  Here is a link to the official communication from the Secretary to the Congress from last Thursday.

During the Trump Administration Republicans on three occasions took care of the de...

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