Yellen says Treasury will take additional 'extraordinary measures' on debt limit


Treasury Secretary told Congress on Tuesday that her department is taking an additional emergency step to avoid breaching the federal debt limit.
In a letter addressed to House Speaker Kevin McCarthy, Yellen said that Treasury is suspending the full investment of a federal retirement program so that the government can continue to pay its bills.
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This story appeared on foxbusiness.com, 2023-01-24.