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aro granite industries limited (513729) stock rallies ✌️【Accurate Stock Selection】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The nation will hit its roughly $36 trilliondebt limiton Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury Secretary Janet Yellen said in a letter to congressional leaders on Friday. The notice comes just three days before President-elect Donald Trump takes office.

aro granite industries limited (513729) stock rallies ✌️【Accurate Stock Selection】✌️ Real-time updates of global stock indices and futures trends to help you plan precise investments. Reaching the cap ramps up pressure on congressional Republicans, but lawmakers have a little time before they must act to avoid a first-ever default, which would likely cause global economic upheaval. The extraordinary measures, which are mainly behind-the-scenes accounting maneuvers, will continue through March 14, Yellen wrote.

aro granite industries limited (513729) stock rallies ✌️【Accurate Stock Selection】✌️ Real-time global stock, futures, and forex data to help you quickly assess market trends and achieve stable returns. Although Republicans control Capitol Hill, they remain divided over how to address thedebt ceiling. They have several major agenda items they want to push through Congress along party lines, including border security, energy and tax cuts, possibly in one package or two. Plus, lawmakers still must pass a government funding bill for fiscal year 2025, which began October 1. (Atemporary spending measureexpires on March 14.)

aro granite industries limited (513729) stock rallies ✌️【Accurate Stock Selection】✌️ Free stock selection service with professional advisors offering the best investment portfolio for stable growth. A bill to increase or suspend the debt ceiling could be included in one of these packages, though addressing the cap has been a bipartisan effort in recent years.

House Speaker Mike Johnson is already running up againstresistancefrom some of his fiscally conservative members, who want to decrease the debt, not increase it. His super-slim majority will make it even more difficult for him to find a compromise — and he may need Democratic support in order to pass an increase to the limit.

aro granite industries limited (513729) stock rallies ✌️【Accurate Stock Selection】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. The issue has already brought to light fissures within the party. In December, Trump demanded that lawmakers address the limit as part of a temporary spending bill. However, the GOP-led package, which included suspending the cap into January 2027,failedamid opposition that included a significant number of Republicans.

GOP leaders in the House in December floated an idea to raise the debt limit by $1.5 trillion as part of a first reconciliation package in 2025. The legislation would also include $2.5 trillion in cuts to net mandatory spending, aimed at satisfying conservative members. But that would buy the caucus only limited time before they face the cap again, experts said.

aro granite industries limited (513729) stock rallies ✌️【Accurate Stock Selection】✌️ Expert predictions of stock trends with real-time stock indices, futures, and metals, energy quotes to help you seize investment opportunities. The debt ceiling had been suspended until January 2 as part of the bipartisan Fiscal Responsibility Act, which Congress approved in June 2023 after months of contentious debate between the GOP-led House and Democrats who controlled the Senate and White House. Thecapat the time was $31.4 trillion.

In a technical quirk, the US didn’t actually hit the limit on January 2 because the debt level was projected to dip that day due to the scheduled redemption of certain securities, Yellen told Congress in late December. At the time, she forecast the cap would be reached between January 14 and January 23.

aro granite industries limited (513729) stock rallies ✌️【Accurate Stock Selection】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Risk Assessment Services 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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