Yellen Alludes to Biden's Last Resort For Debt Ceiling

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1 year ago
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Top news right now, Treasury Secretary Janet Yellen warns against using the Fourteenth Amendment to solve the debt ceiling crisis. Yellen says that Congress needs to do its job and raise the debt ceiling to protect the US economy and financial system. According to Section Four of the Fourteenth Amendment, it may be unconstitutional for the US to stop paying its debts, leading some to suggest the president could raise the debt ceiling on his own. This has sparked a debate over whether invoking the Fourteenth Amendment is a viable solution to the debt ceiling crisis. Follow Next News for more breaking news.

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