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Published 1 year ago

Yellen warns of 'global financial crisis' if US debt limit agreement isn't reached

Summary by KVIA
CNN By Maegan Vazquez, CNN Treasury Secretary Janet Yellen on Friday warned of the widespread global effects that could be felt if the federal government exhausts extraordinary measures and fails to raise the debt ceiling, telling CNN’s Christiane Amanpour about the ways everyday Americans could face stark consequences. Yellen’s warning comes after the United States on Thursday hit its $31.4 trillion debt limit set by Congress, forcing the Treas…

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