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Yellen warns of 'calamity' unless Congress raises the debt limit. What's the holdup?

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Treasury Secretary Janet Yellen leaves a meeting on April 21. She warns that economic chaos will ensue if Congress doesn't raise the debt ceiling in the coming weeks. (Getty Images)
Treasury Secretary Janet Yellen leaves a meeting on April 21. She warns that economic chaos will ensue if Congress doesn't raise the debt ceiling in the coming weeks. (Getty Images)

This article was originally published on May 08, 2023.

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