News Briefs

U.S. hits debt limit and Treasury Department begins ‘extraordinary measures’

By: - January 19, 2023 1:01 pm

Treasury Secretary Janet Yellen speaks in September at Ford’s Rouge Electric Vehicle Center in Dearborn, Michigan. Yellen warned Congress last week that she was uncertain how long she can use extraordinary measures while waiting for an increase in the debt ceiling (Sarah Rice/Getty Images).

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Jennifer Shutt
Jennifer Shutt

Jennifer covers the nation’s capital as a senior reporter for States Newsroom. Her coverage areas include congressional policy, politics and legal challenges with a focus on health care, unemployment, housing and aid to families.