U.S. Hits Debt Ceiling as Treasury Tweaks Policies to Buy Time
Partisan brinkmanship looms over 2023.
Washington D.C.𑁋On Thursday, the U.S. hit the debt ceiling, forcing the Treasury Department to rework how the nation pays its bills. Today, U.S. Secretary of the Treasury Janet Yellen sent a letter to members of Congressional leadership urging them to “act promptly” to resolve the debt limit.
In December, President Joe Biden sig…