Yellen says U.S. could hit debt limit on Dec. 15, giving Congress more time to strike deal

(CNBC) Treasury Secretary Janet Yellen on Tuesday told lawmakers that she now estimates that the U.S. will reach its debt limit on Dec. 15, almost two weeks later than her initial forecast of Dec. 3. Those additional 12 days would offer Congress more time to strike a deal on how to lift or suspend the debt ceiling.

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