Yellen warns of ‘chaos’ if US fails to raise debt ceiling

US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation’s debt ceiling, “financial and economic chaos would ensue.” Republicans have been pressing President Joe Biden to strike a deal to provide spending cuts in exchange for lifting the national borrowing limit, but Yellen insisted the onus remains on US […]

The post Yellen warns of ‘chaos’ if US fails to raise debt ceiling appeared first on Insider Paper.

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