U.S. to hit debt limit much sooner than expected, thrusting Congress into showdown

By: - January 13, 2023 10:18 am
Treasury Secretary Janet Yellen gives a speech on the economy at Fords Rouge Electric Vehicle Center on Sept. 8, 2022, in Dearborn, Michigan. Yellen toured the factory, which produces the Ford F-150 Lightning, before her remarks. (Photo by Sarah Rice/Getty Images)

Treasury Secretary Janet Yellen gives a speech on the economy at Fords Rouge Electric Vehicle Center on Sept. 8, 2022, in Dearborn, Michigan. Yellen wrote to Congress on Friday afternoon, telling leaders the United States will hit the debt ceiling on Jan. 19, after which she’ll use accounting maneuvers, which she called “extraordinary measures,” to keep U.S. finances up and running for a few months. (Photo by Sarah Rice/Getty Images)

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Jennifer Shutt
Jennifer Shutt

Jennifer covers the nation’s capital as a senior reporter for States Newsroom. Her coverage areas include congressional policy, politics and legal challenges with a focus on health care, unemployment, housing and aid to families.

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