Thursday, January 19, 2023

US hits debt limit - takes extraordinary measures to avoid default

The United States has hit its debt limit, prompting the Treasury Department to take extraordinary measures to avoid defaulting on its loan payments.


Those measures mean the US government can keep paying its bills until the summer but it risks a financial crisis if lawmakers don't agree to raise the ceiling by then.


Kate Fisher reports from Washington


IN: a huge clash

OUT: SOC

DUR: 41 seconds

LINK: 

http://fsnradionews.com/feeds/0119debt-kf.mp3