Repaying High Cost News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Recently, Janet Yellen, the United States Treasury Secretary, wrote a letter to Kevin McCarthy, the House Speaker, warning that if the Congress does not raise or suspend the debt limit, the US Government may default on its debt as early as June 1. This comes in the wake of the House of Representatives passing a bill to increase the debt ceiling. However, the bill contains some conditions and limitations on spending powers of federal government that are unacceptable to the ....

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