US Treasury to launch measures to avoid debt limit breach

US Treasury to launch measures to avoid debt limit breach on Tuesday
U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing "extraordinary measures" to keep from breaching the cap and risking a potential catastrophic default.
Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,
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.
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 using on January 21,” Yellen wrote in a letter to the leaders of the
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 financially catastrophic default.
Yellen says Treasury will take 'extraordinary measures' to avoid default
U.S. Treasury Secretary Janet Yellen is warning that the government will reach its debt limit on Tuesday and will need to take “extraordinary measures” to avoid risking a potentially catastrophic default.
US to hit debt ceiling Tuesday, starting Congress’ countdown clock
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...
Ro Khanna says Democrats should demand a minimum wage increase in exchange for helping Trump raise the debt ceiling
Khanna told Business Insider that a federal minimum wage increase has broad support and that Democrats "should force ...
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 ...
House GOP's Budget Hawks Now Want A $4 Trillion Debt Limit Hike
The Treasury Department will begin using accounting moves soon to keep from defaulting. The House Freedom Caucus says its ...
The Daily Star38m
US to see rising debt, deficit in next decade: budget office
Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...
Yellen: Debt limit will be hit day after Trump’s inauguration
Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off ...
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Janet Yellen drops bomb on way out that US will hit debt limit ONE day after Trump takes office
Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.
Trump's US Treasury pick says question of debt limit repeal is 'nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of ...
5 ways the debt limit fight could play out under Trump
President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...