US Hits Debt Limit as Treasury Begins 'Extraordinary Measures'

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US Hits Debt Limit as Treasury Begins 'Extraordinary Measures'
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The U.S. officially hit its $31.4 trillion debt limit on Thursday. See the potential biases and similarities in reports from foxbusiness, cnn and cnbc:

to House Speaker Kevin McCarthy Thursday, informing him that the nation’s debt hit its limit and that the agency will implement"extraordinary measures" to avoid a default. Yellen said the measures would expire on June 5, giving Congress and President Joe Biden several months to The measures are"subject to considerable uncertainty, including the challenges of forecasting the payments and receipts of the U.S. Government months into the future," Yellen wrote.

"I respectfully urge Congress to act promptly to protect the full faith and credit of the United States.

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