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On January 19, 2023, the United States hit its debt ceiling, leading to a debt-ceiling crisis, part of an ongoing political debate within Congress about federal government spending and the national debt that the U.S. government accrues. [1] [2] In response, Janet Yellen, the secretary of the treasury, began enacting temporary "extraordinary ...
The national debt currently exceeds $36 trillion — an increase of about $5 trillion from where it stood at the time of the 2023 debt ceiling battle. When the debt limit is reinstated next week ...
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025. ... That figure stood at just over $36.1 trillion on ...
The dual releases Wednesday of the “Federal Debt and the Statutory Limit, February 2023” and “The Budget and Economic Outlook: 2023 to 2033” also provided insights into the overall U.S ...
The national debt currently exceeds $36 trillion — an increase of about $5 trillion from where it stood at the time of the 2023 debt ceiling battle. Show comments Advertisement
On January 19, the U.S. government reached its debt ceiling limit of $31.4 trillion, provoking U.S. Treasury Secretary Janet Yellen to tell Congress "extraordinary measures" would start to roll ...
As the deadline for the debt ceiling looms -- Treasury Secretary Janet Yellen said the country would hit the threshold on Jan. 19 -- negotiations seem at a standstill, which could force the ...
The U.S. has hit its debt ceiling, the Treasury Department announced on Thursday, Jan. 19. With no deal in sight to raise it, Treasury Secretary Janet Yellen notified Congress it would start its...