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The Young Investors Podcast
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The Debt Sealing Increase - The Deadline for the First Ever US Default
Last week, congressional democrats passed a debt sealing increase and sent it to president joe byden's desk. treasury secretary janet yellon warned that the dead line could mark the start of the first ever us Default. The democratic held senate house passe the debt sealing increase with only one republican vote. Once signed by byden the resolution would increase the debt sealing by point five trillion dollars.
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