Congress failed to amend the debt ceiling suspension, forcing the Treasury Department to fund the federal government through “extraordinary measures.”
As The Daily Wire reported, Treasury Secretary Janet Yellen urged House Speaker Nancy Pelosi (D-CA) on July 23 to protect “the full faith and credit of the United States” by extending Congress’ 2019 suspension of the debt ceiling — a measure that stops the federal government from taking on a certain level of national debt. Congress, however, missed the Saturday deadline to extend the suspension.
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