The United States government will hit its debt limit on Thursday, and “extraordinary measures’ should be taken to keep paying the bills.
According to The New York Times, that’s what Secretary of the Treasury Janet Yellen said on Friday in a letter to Congress.
“Failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the livelihoods of all Americans and global financial stability,” she wrote.
Republicans now control the House of Representatives and have said that they would agree to raise the debt limit only if there were reductions in the national debt.
House inquiry into Biden documents
An investigation into the classified documents found at President Joe Biden’s home and former office will be launched by the House of Representatives, which now has a Republican majority.
United Press International reports that Jim Jordan, chair of the House Judiciary Committee has requested from the Justice Department all relevant documents.
The Justice Department has chosen a special counsel to conduct its own investigation.
Also in the news … School officials in Richmond, Virginia had received a tip that the 6-year-old boy who shot his teacher had a gun before the incident took place. His backpack was searched before he went to class, but no gun was found there.
Sports: McVay will return to Rams
Sean McVay, the Los Angeles Rams’ coach who led the team to two trips to the Super Bowl, will return as head coach for the team for the 2023 season, the organization has announced. See related story. https://orangecountytribune.com/2023/01/13/sean-mcvay-is-back-for-2023/
Weather: Rain, showers, rain
The forecast for the West Orange County area for the next several days is for rain. Saturday has a 100 percent chance of rain, with a daytime high of 58 and an overnight low of 52. Afternoon and evening showers are expected – 39 percent chance – on Sunday with a daytime high of 60 and an overnight low of 49. On Monday, there’s an 80 percent chance of the wet stuff with a high of 61 and a low of 42. But here’s the good news: there’s no more rain foreseen for the rest of January.
Categories: The Wider World