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Kim Kardashian left needing medical help after horror injuryGoogle launches Whisk AI-image generator: How is different from othersWASHINGTON — Treasury Secretary Janet Yellen said her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling , as early as January 14, in a letter sent to congressional leaders Friday afternoon. "Treasury expects to hit the statutory debt ceiling between January 14 and January 23," she wrote in a letter addressed to House and Senate leadership, at which point extraordinary measures would be used to prevent the government from breaching the nation's debt ceiling — which was suspended until Jan. 1, 2025. The department in the past deployed what are known as “extraordinary measures” or accounting maneuvers to keep the government operating. Once those measures run out, the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government’s ability to borrow. "I respectfully urge Congress to act to protect the full faith and credit of the United States," Yellen said. FILE - U.S. Treasury Secretary Janet Yellen speaks during a visit to the Financial Crimes Enforcement Network (FinCEN) in Vienna, Va., on Jan. 8, 2024. (AP Photo/Susan Walsh, File) The news came after Democratic President Joe Biden signed a bill into law last week that averted a government shutdown but did not include Republican President-elect Donald Trump’s core debt demand to raise or suspend the nation’s debt limit. Congress approved the bill only after a fierce internal debate among Republicans over how to handle Trump's demand. “Anything else is a betrayal of our country,” Trump said in a statement. After a protracted debate in the summer of 2023 over how to fund the government, policymakers crafted the Fiscal Responsibility Act, which included suspending the nation's $31.4 trillion borrowing authority until Jan. 1, 2025. Notably however, Yellen said, on Jan. 2 the debt is projected to temporarily decrease due to a scheduled redemption of nonmarketable securities held by a federal trust fund associated with Medicare payments. As a result, “Treasury does not expect that it will be necessary to start taking extraordinary measures on January 2 to prevent the United States from defaulting on its obligations," she said. The federal debt stands at about $36 trillion — after ballooning across both Republican and Democratic administrations. The spike in inflation after the COVID-19 pandemic pushed up government borrowing costs such that debt service next year will exceed spending on national security. Republicans, who will have full control of the White House, House and Senate in the new year, have big plans to extend Trump's 2017 tax cuts and other priorities but are debating over how to pay for them. Many consumers may remember receiving their first credit card, either years ago in a plain envelope, or months ago from a smartphone app. Still other consumers may remember their newest card, maybe because it's the credit card they're now using exclusively to maximize cash back rewards or airline miles. But for most consumers, there's also a murky in-between where they add, drop and generally accumulate credit cards over time. Over the years, consumers may close some credit card accounts or leave some of their credit cards dormant as a backup form of payment, or perhaps left forgotten in a desk drawer. In the data below, Experian reveals the changes in consumers wallets in recent years. U.S. consumers, on average, carry fewer cards today than they did in 2017, when the typical wallet held 4.2 active credit cards. As of the third quarter (Q3) of 2023, consumers carried 3.9 cards on average. This average is up slightly since the early days of the pandemic, when consumers reduced their average credit card debt and number of accounts as the economy slowed. As Experian revealed earlier this year, credit card balances are still climbing, despite (and partially because of) higher interest rates. And while average balances are increasing, they are spread across fewer accounts than in recent years. Alternative financing—including buy now, pay later plans for purchases—may account for at least some of this discrepancy, as consumers gravitate toward these newer financing methods. In general, residents of higher-population states tend to carry more credit cards than those who live in states with fewer and smaller population centers. Nonetheless, the difference between the states is relatively small. Considering that the national average is around four credit cards per consumer, the four states with the fewest cards per consumer (Alaska, South Dakota, Vermont and Wyoming) aren't appreciably different, with "only" about 3.3 credit cards per consumer. Similarly, the four states on the higher end of the scale where consumers have 4.2 or more credit cards are Connecticut, Delaware, Florida, New Jersey and Rhode Island. The disparity in average credit card counts is more apparent when the population is segmented by age, thanks in part to Generation Z, many of whom have yet to receive their first credit card. The average number of credit cards for these consumers was two, less than half of what older generations keep on hand. Stay up-to-date on the latest in local and national government and political topics with our newsletter.50jili com login register online

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Walmart employees are now sporting body cameras as part of a contentious pilot program at certain U. S. stores. Customers have noticed signs at the entrances informing them about the recording devices, and staff members have been spotted donning yellow and black cameras , with one such instance occurring in Denton, Texas. A representative for Walmart confirmed the test, stating: "While we don't talk about the specifics of our security measures, we are always looking at new and innovative technology used across the retail industry. Heartbroken family blames Walmart for 9-year-old's death after metal cart incident and years of seizures Over 40,000 Christmas tree light controllers recalled at Walmart and Target over fire hazards "This is a pilot we are testing in one market, and we will evaluate the results before making any longer-term decisions.", reports the Express US . The intent behind the cameras is to safeguard workers by documenting interactions with customers, especially during the tense holiday shopping period. Nonetheless, the initiative has sparked backlash. Stuart Appelbaum, the head of the Retail, Wholesale and Department Store Union, remarked: "Workers need training on de-escalation. Workers need training on what to do during a hostile situation at work. The body camera doesn't do that. The body camera doesn't intervene." Bianca Agustin, co-leader of United for Respect, also chimed in, saying: "There are already cameras in stores...body cameras alone are no substitute for proper training." Agustin voiced concerns that the conspicuous cameras worn by Walmart staff could "provoke people" rather than provide assistance. Retail specialists aren't all on board. David Johnston, a high-level exec at the National Retail Federation, countered with: "The moment that you see yourself [on camera] is probably when you're going to change your behavior." Following in the footsteps of TJX Companies, the umbrella group for brands like TJ Maxx and Marshall's, which hailed reduced troublemaking after similar tests. TJX's top money guy John Joseph Klinger touched on the calming effect of recording gear, saying: "People are less likely to do something when they're being videotaped." Whether or not Walmart's staff will feel a boost in security is up in the air. A previous retail worker spilled the tea: "When they're acting like they're going to hit us...even with a camera, I don't think they would care in the moment."Browns restructure QB Deshaun Watson's contract to create cap space, flexibility, AP source says

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