U.S. debt ceiling crisis risk highest since 2011: ex-Obama adviser

January 14, 2023, Interview: "With new leadership in the U.S. House of Representatives, the risk of a deadlock over the debt ceiling leading to a fiscal crisis may be the highest ever, said Jason Furman, former top economic adviser during the administration of President Barack Obama.  A clash between Democrats and Republicans in Congress looms over the debt ceiling, a limit on how much the federal government can borrow. U.S. Treasury Secretary Janet Yellen on Friday urged congressional leaders in a letter to raise the ceiling before it is reached."