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    The U.S. could hit its debt ceiling within days. Here's what you need to know.

    The U.S. is expected to hit its debt ceiling Thursday, forcing the Treasury to take "extraordinary measures" to pay off its bills. A political stalemate could lead to an unprecedented federal default.
    by Juliana Kim Jan 14, 2023 2 minutes
    U.S. Treasury Secretary Janet Yellen listens to President Biden discuss the federal debt limit on Oct. 6, 2021, in Washington, D.C.

    Hitting the national debt ceiling is a major worry for Washington right now.

    On Friday, Treasury Secretary Janet Yellen warned that the U.S. is on track to reach the debt limit, or the cap on how much money money the federal government can borrow, . The ceiling was in December 2021 to a total of $31.4 trillion.

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