US hits debt ceiling of $31.4 trillion, treasury taking 'emergency measures'
Edited By WION Video Desk
Published: Jan 20, 2023, 04:05 IST | Updated: Jan 20, 2023, 04:05 IST
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The US has hit its borrowing cap of $31.4 trillion and the treasury has now started taking 'extraordinary measures' to prevent a debt default. This comes as the US Congress heads towards a high-stakes clash between Democrats and Republicans over raising the borrowing limit.
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