(The Center Square) – U.S. Secretary of the Treasury Janet L. Yellen sent a letter to Congressional leaders last Thursday notifying them that the agency has begun taking “extraordinary measures” as the federal government bumps up against its debt limit of just over $31 trillion.

That means Congress has until about June to raise the debt ceiling or potentially default on the U.S. debt obligations for the first time ever.

Originally published on thecentersquare.com, part of the BLOX Digital Content Exchange.

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