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Debt Ceiling Deadline: What's Next?

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Debt Ceiling Deadline: What's Next?

2
23ABC News

3 Views • Jan 20, 2023

Description

The United States has now hit its debt ceiling. That means the clock is now ticking on congress to prevent a financial meltdown. The head of the Treasury Department says it will take measures to keep the country paying its bills but that will only last until early June. Karin Caifa has a look at where things stand and the potential economic fallout.