State treasurers, comptrollers call on House Speaker, Congressional lawmakers to take action on debt ceiling

SPRINGFIELD, Ill. (WCIA) – State treasurers and comptrollers across the nation including Illinois Treasurer Michael Frerichs are calling on U.S. House Speaker Kevin McCarthy and other lawmakers on Capitol Hill to take action to reach an agreement on raising the debt ceiling.

Otherwise, they warned in a letter to him sent Tuesday, it could have major consequences for their states, including Illinois.

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