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Home.forex news reportNew year, new Congress, old problem: the debt ceiling

New year, new Congress, old problem: the debt ceiling

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It’s a new year, and there’s a new Congress starting Friday. And it will immediately face a familiar problem: The debt ceiling — the limit on how much money, in total, the United States can borrow — which the Treasury is close to hitting.
When this last happened in 2023, Congress decided to handle…



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