Sat 14 January 2023: The US Treasury Secretary Janet Yellen on Friday wrote a letter to House Speaker Kevin McCarthy, warning that the country was about to hit its debt ceiling limit and that extraordinary measures were needed to avoid defaulting. “I am writing to inform you that beginning on Thursday, January 19, 2023, the outstanding … Continue reading US PERILOUSLY CLOSE TO HITTING DEBT LIMIT AND DEFAULTING, WARNS TREASURY SECRETARY JANET YELLEN