US hits $31.4 trillion debt ceiling as Treasury announces ‘extraordinary measures’ to avoid default


us debt worthy christian news(Worthy News) – The United States reached its debt ceiling of $31.38 trillion on Thursday, forcing the Treasury Department to implement “extraordinary measures” to avoid defaulting on bonds.

Treasury Secretary Janet Yellen wrote how the U.S. had reached the debt limit in a letter Thursday to members of Congressional leadership.

The Treasury Department will be unable to fulfill some investments such as the Civil Service Retirement and Disability Fund, Yellen said. She instituted a “debt issuance suspension period” from Thursday through June 5. [ Source: Just the News (Read More…) ]

14
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Appeals Court Hears Arguments In Religous Contraception Case
Hegseth Set To Visit Israel As Iran Crisis Deepens, F-35 Turkey Debate Alarms Jerusalem
U.S. Strikes Iran After Tankers Hit In Strait Of Hormuz, Revokes Oil Waiver
Iran Fires Missiles at Commercial Ships After Funeral Crowds Chant ‘Death to Trump’ and ‘Death to Bibi’
Prosecutors Begin Death Penalty Case Against Accused Killer of Christian Conservative Activist Charlie Kirk
Marine Le Pen Cleared to Seek 2027 French Presidency, But Electronic Bracelet Could Halt Campaign
China’s Pacific Missile Test Draws Condemnation From U.S. and Regional Allies
NATO Unveils Major Arms Deals as Trump Presses Allies on Defense Spending
Platner To ‘Reflect’ On Senate Bid Amid Sexual Assault Allegations
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News