U.S. expected to hit debt ceiling next week, Treasury Secretary Janet Yellen tells Congress

U.S. expected to hit debt ceiling next week, Treasury Secretary Janet Yellen tells Congress
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U.S. Treasury Secretary Janet Yellen educated Congress on Friday that she expects the country to hit the debt ceiling next Thursday. The executive will then resort to “phenomenal measures” to protect a ways from default. Gregory Daco, chief economist at EY-Parthenon, joined CBS Info to talk about that and other financial info.

#info #economy #debt

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