Yellen: U.S. close to hitting debt limit

Treasury Secretary Janet Yellen has notified Congress that the U.S. is projected to reach its debt limit on Thursday and will then resort to ‘extraordinary measures’ to avoid default. (ASSOCIATED PRESS FILE)
Treasury Secretary Janet Yellen has notified Congress that the U.S. is projected to reach its debt limit on Thursday and will then resort to ‘extraordinary measures’ to avoid default. (ASSOCIATED PRESS FILE)

WASHINGTON — Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid defaul…