Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
The US could reach the debt limit currently set by Congress next week, Treasury Secretary Janet Yellen warned Friday, saying the Treasury will need to begin ‘extraordinary measures’ to prevent a default if so.
Such measures will only help for a limited time, Yellen warned in a letter to Congressional leadership, saying: ‘It is therefore critical that Congress act in a timely manner to increase or suspend the debt limit.’
source: AFP
Copyright 2023 Alliance News Ltd. All Rights Reserved.