U.S. hits debt ceiling, Treasury Department takes "extraordinary measures"--China Economic Net

hits debt ceiling, Treasury Department takes "extraordinary measures" Last Updated: 2023-01-20 05:23 | p p p Photo taken on Jan.dollar debt ceiling.lawmakers have increased the nation's debt ceiling 22 times since 1997.The White House said it would not compromise on raising the debt ceiling.

Failing to increase the debt ceiling could lead to a default on U.The United States hit its debt limit on Thursday, prompting the Treasury Department to take "extraordinary measures" to continue financing the federal government.