US officially hits debt limit, begins 'extraordinary measures' to pay bills – Yahoo Finance
The U.S. government hit its borrowing limit Thursday, causing the Treasury to activate "extraordinary measures" to keep paying the government's bills.Treasury Secretary Janet Yellen sent a letter Thursday morning to House Speaker Kevin McCarthy, noting that a "debt issuance suspension period" will begin on Thursday, Jan. 19 and last through Monday, June 5.As part of … Read more