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DEBT DEFAULT

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United States’ outstanding tab exceeds $31.3T; Here’s how experts say the ‘debt default’ may begin directly impacting citizens

Read full article: United States’ outstanding tab exceeds $31.3T; Here’s how experts say the ‘debt default’ may begin directly impacting citizens

On Thursday, officials announced that the U.S. government ran up its legal borrowing capacity of $31.381 trillion, and the Treasury Department began implementing “extraordinary measures” to avoid a default.