The Treasury Department says the US will reach the debt limit Jan. 19, setting up one of the first major battles since the GOP took control of the House

3 years ago 21

The Treasury Department said Friday the US will reach the debt limit on January 19 -- months before other estimates projected -- and "extraordinary measures" will need to be taken, setting up one of the first major battles on Capitol Hill after Republicans took control of the House.

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3. The Treasury Department says the US will reach the debt limit Jan. 19, setting up one of the first major battles since the GOP took control of the House