U.S. TREASURY WILL SUSPEND SALE OF STATE AND LOCAL GOVERNMENT SECURITIES ON JULY 30 TREASURY WILL "NEED TO START TAKING CERTAIN ADDITIONAL EXTRAORDINARY MEASURES" TO PREVENT U.S. DEFAULT IF CONGRESS DOES NOT ACT BY AUG 2 - YELLEN I told you a few weeks ago to watch this... - The Great Awakening - Where We Go Qne, We Go All!

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U.S. TREASURY WILL SUSPEND SALE OF STATE AND LOCAL GOVERNMENT SECURITIES ON JULY 30 TREASURY WILL "NEED TO START TAKING CERTAIN ADDITIONAL EXTRAORDINARY MEASURES" TO PREVENT U.S. DEFAULT IF CONGRESS DOES NOT ACT BY AUG 2 - YELLEN I told you a few weeks ago to watch this... (twitter.com) 🧐 Research Wanted 🤔

posted 3 years ago by Vidura 3 years ago by Vidura +161 / -1

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– TSearch 14 points 3 years ago +14 / -0

But when has the Congress ever failed to authorize higher spending limit?

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– Monomial 5 points 3 years ago +5 / -0

Eventually? Of course.

But there have been several short term government shutdowns. That is what we are looking at now. The debt ceiling will be raised by October when it becomes critical. This is a short term crisis.

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