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Yellen warns of 'chaos' if US fails to raise debt ceiling
Yellen warns of 'chaos' if US fails to raise debt ceiling
Business and Economy
by  AFP

US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation's debt ceiling, "financial and economic chaos would ensue." "It simply is unacceptable for Congress to threaten economic calamity for American households and the global financial system as the cost of raising the debt ceiling," she told ABC talk show "This Week."