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What is the debt ceiling and what happens when the government reaches it?
Catch up with NBC News Clone on today's hot topic: U S To Hit Debit Limit Treasury Secretary Says 160185925901 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.
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Treasury Secretary Janet Yellen is warning that her department will have to take “extraordinary measures” as the U.S . government is set to reach its $31.4 trillion debit limit. NBC News’ Brian Cheung breaks down what the debt ceiling is and what happens when the government reaches it.Jan. 19, 2023
