US Hits $31.4T Debt Ceiling, Sparking ‘Extraordinary Measures’

WASHINGTON, DC - DECEMBER 15: U.S. Treasury Secretary Janet Yellen delivers remarks during a meeting with the President of Zambia Hakainde Hichilema during the U.S. - Africa Leaders Summit on December 15, 2022 in Washington, DC. The Summit brings together heads of state, government officials, business leaders, and civil society to strengthen ties between the U.S. and Africa. (Photo by Kevin Dietsch/Getty Images)

At a glance

The United States reached its debt ceiling of $31.38 trillion on Thursday, forcing the Treasury Department to implement “extraordinary measures” to avoid defaulting on bonds.

Top News Stories

You May Like: