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The U.S. on Thursday hit the limit on the amount of debt the federal government can issue to honor its financial obligations, also known as the debt ceiling. The milestone is prompting a slew of warnings fr stanley cup om Wall Street analysts and economists about the potential financial fallout if Congress fails to take action.U.S. Treasury Secretary Janet Yellen said in a January 19 letter to congressional leaders that her agency is taking  extraordinary measures  that will allow the country to avoid an unprecedented default on its debt for at least the next few months.U.S. hits debt limit, prompting  extraordinary measures  to avoid defaultThe debt ceiling is currently at $31.4 trillion, representing borrowing that the Treasury undertakes to fund its financial obligations, ranging from safety-net benefits such as Social Security payments to interest on the national debt.                                        Yellen has urged congressional leaders to raise the debt limit, which is set by lawmakers, as soon as possible to avoi stanley cup d a fiscal crisis. But with a Republican-controlled House, it s unclear whether lawmakers can reach a compromise to lift the ceiling. If lawmakers fail to come to an agreement, the  debt ceiling debacle risks a self-inflicted recession,  Gregory Daco, EY Parthenon chief economist, said in a report.Failing to raise the debt ceiling could lead to an  unmitigated disaster,  said David Kelly, chief g stanley cup lobal strategist at JPMorgan Funds, told investors in a client note.    Qluk Funeral held for soldier who died saving others in NYC fire
There is no sign of Republican congressional candidate Rick Saccone on Sherwood Drive.Just days before western Pennsylvania s special election, his campaign informed some residents that he may knock on doors that morning in this critical GOP stronghold. It s almost 11 a.m., and they re still waiting. He was supposed to stop by today,  68-year-old Republican John Debich says, scanning the empty streets of suburban Greensburg from his front porch.  It s the second time we ve been avoided.                                         Debich s disappointment underscores a dangerous truth for the GOP as the nation braces for the next special election of the Trump era on Tuesday.Saccone may be President Trump s strong favorite in a conservative region, but he is struggling with the basics of modern-day politics. In a race that will hinge on voter turnout, the 60-year-old state af1  lawmaker has little organization of his own mdash; at least compared wi adidas originals th Democrat Conor Lamb, a 33-year-old former Marine and federal prosecutor who has never before run for office.        Most of Saccone s appearances over the last week have been closed to the public, and those that weren t, attracted only a handful of supporters.Drawing little energy from within, Saccone has been forced to outsource the lifeblood of many successful campaigns mdash; the so-called get-out-the-vote operation mdash; to paid contractors and the national GOP, which has scrambled to pick up the slack. Fearing a stanley cups nother special electi