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Delaware News



 Pages Tagged With: "Debt Ceiling"

Treasurer Davis Prepares for Possible Default

Delaware State Treasurer Colleen Davis began taking proactive measures to protect Delaware’s financial interests in anticipation of a potential federal government default. The move comes after U.S. Treasury Secretary Janet Yellin said that, without an agreement to raise the nation’s debt ceiling by June 1, 2023, the federal government could default on its loan obligations.




Statement from Treasurer Davis on Senate Vote to Increase of Debt Ceiling

“I applaud the U.S. Senate for reaching an agreement to raise the nation’s debt limit. While not everyone understands exactly what that means, just about all of us will benefit from the decision. Raising the debt limit allows the country to basically “pay its bills.” It doesn’t open the door for additional spending, it enables […]







 Pages Tagged With: "Debt Ceiling"

Treasurer Davis Prepares for Possible Default

Delaware State Treasurer Colleen Davis began taking proactive measures to protect Delaware’s financial interests in anticipation of a potential federal government default. The move comes after U.S. Treasury Secretary Janet Yellin said that, without an agreement to raise the nation’s debt ceiling by June 1, 2023, the federal government could default on its loan obligations.




Statement from Treasurer Davis on Senate Vote to Increase of Debt Ceiling

“I applaud the U.S. Senate for reaching an agreement to raise the nation’s debt limit. While not everyone understands exactly what that means, just about all of us will benefit from the decision. Raising the debt limit allows the country to basically “pay its bills.” It doesn’t open the door for additional spending, it enables […]