U.S. Treasury Secretary Extends Timeline For Potential Debt Default

U.S. Treasury Secretary Extends Timeline For Potential Debt Default

Assessment

Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

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The transcript discusses the potential for the country to default on its bills around December 15th. Treasury Secretary Yellen urges lawmakers to address the debt limit by either raising or suspending it to prevent the first-ever default. Yellen's revised deadline is 12 days later than the initial December 3rd date she provided to Congress in October.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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