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Federal government to hit $36T debt limit
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
Federal government to hit $36T debt limit on Tuesday
President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 trillion dollars a day after he is sworn in on Monday.
Yellen: Treasury starts "extraordinary measures" Jan. 21 to avoid debt limit
Treasury secretary Janet Yellen, in one of her final major acts in office, warned Congress late Friday that the Treasury will need to begin "extraordinary measures" on Tuesday to avoid hitting the debt limit.
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on MSN
Feds will hit debt ceiling day after Trump’s inauguration, forcing ‘extraordinary measures’: Treasury Secretary
This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...
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on MSN
Treasury to begin ‘extraordinary measures’ as US approaches debt cliff
The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a ...
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Yellen Warns America’s $36 Trillion Debt Ceiling Is Close
Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...
3d
on MSN
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
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