US Treasury Officials Reject Alternative Solutions to Debt Ceiling Crisis

1 min read
Source: CNN
US Treasury Officials Reject Alternative Solutions to Debt Ceiling Crisis
Photo: CNN
TL;DR

The Deputy Treasury Secretary, Wally Adeyemo, has ruled out the possibility of using the 14th Amendment to raise the debt ceiling, stating that it is Congress's responsibility to address the issue. With no clear Plan B in place, negotiations between Democrats and Republicans continue as the deadline to raise the debt ceiling approaches.

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