Controversy over debt limits: Is the US at risk of bankruptcy?

The US Treasury Secretary is skeptical about the country’s future. Janet Yellen, 75, is appealing to Congress to make a decision to raise the debt limit as soon as possible. Government spending is coordinated with the upper limit.

In an opinion piece in the Wall Street Journal, Yellen wrote that if the United States could not meet its obligations, it would trigger a historic financial crisis.

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