In a letter to Congress, Treasury Secretary Yellen said the U.S. could hit its debt limit by January 19th and warned Speaker McCarthy that the Treasury will have to take “extraordinary measures” to avoid a default. NBC’s Jake Ward is joined by a member of the White House Council of Economic Advisors to break down the significance of the debt ceiling and how it could affect average Americans.
» Subscribe to NBC News:
» Watch more NBC video:
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Connect with NBC News Online!
NBC News App:
Breaking News Alerts:
Visit NBCNews.Com:
Find NBC News on Facebook:
Follow NBC News on Twitter:
#NBCNews #Treasury #Debt
source
