The U.S. government hit its $31.4 trillion borrowing limit, forcing the Treasury Department to begin taking what it calls ‘extraordinary measures’ keep paying the nation's bills, raising fears of a potentially catastrophic default on America's debts. #Politics #Economy #Debt #Congress #News #Reuters #newsfeed Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en