US debt ceiling to hit in second half of January, authorities to take emergency measures to prevent default

This is stated in a letter that US Treasury Secretary Yellen addressed to the leaders of Congress. According to her forecast, the new limit of the national debt will be reached between January 14 and 23 .

A year ago, Washington's national debt exceeded its legal ceiling of $31.4 trillion . In June, Congress agreed to raise the limit at the Biden administration's request, subject to deep spending cuts.

 Now the US national debt is $36.2 trillion and approaching a new ceiling. Because of this, Musk has already predicted bankruptcy for his country.