The United States will face economic and financial disaster if the public debt ceiling is not raised. This position expression US Treasury Secretary Janet Yellen in an interview with ABC.
Every responsible congressman must agree to raise the national debt ceiling. “There is nothing to discuss here,” he said.
In addition, according to Yellen, according to the latest data on the situation in the labor market, the country’s economy will be able to recover from a recession in 2023. “If you have more than 500,000 new jobs and the unemployment rate is at the lowest level in 50 years, then you won’t have a recession,” said the head of the Finance Ministry.
The Wall Street Journal, in the second half of January WroteAt the end of December 2022, the unemployment rate in the United States was at its lowest level in the last half century – just 3.5%. In some states, however, the figure was even lower.
Last week, Republican Speaker of the House of Representatives Kevin McCarthy judicial public debt is the most important threat to the country.