Yellen, debt ceiling

Treasury secretary sends warning urging Congress to act on debt limit
Treasury Secretary Janet Yellen warned Congress on Friday that "extraordinary measures" will be necessary as early as Jan. 14 unless Congress acts to raise or otherwise suspend the debt ceiling. Why it matters: President-elect Trump has voiced support to abolish the debt limit despite some of his supporters historically opposing action to raise the debt ceiling during Democratic administrations.
'Extraordinary measures': Treasury Sec. Yellen warns US could soon hit debt ceiling
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter sent Friday.
US may hit new debt limit as early as Jan 14, Yellen says
The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States from defaulting on its debt, Treasury Secretary Janet Yellen told lawmakers in a letter on Friday.
Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid debt ceiling next month
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early months of the new Trump administration.
What is the debt ceiling? What has Trump said about the US debt limit? What to know.
The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills to those it borrowed from and dole out money for everything from Medicare benefits to military salaries, the government needs more money, so the debt ceiling has to be raised.
Janet Yellen tells Congress US could hit debt limit in mid-January
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as January 14th,
Yellen says Treasury to hit new debt limit in mid-January
Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in mid-January to avoid breaching the U.S. debt limit.
Sec. Janet Yellen urges Congress to act on debt limit
Fox News contributor Jason Chaffetz joins 'Fox & Friends' to weigh in after Treasury Sec. Janet Yellen warned the new debt limit is expected to be reached by January 23.
US Treasury to hit new debt ceiling before Trump’s inauguration as the crisis worsens
The United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit a new debt ceiling just days before Donald Trump returns to the White House.
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Janet Yellen tells Congress that U.S. could hit debt limit in mid-January
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Trump on collision course with conservatives over debt limit
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Republicans will still have to deal with the debt ceiling in 2025. Here’s what you need to know
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his ...
What is the debt ceiling? Here's why Trump wants Congress to abolish it before he takes office
President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an ...
Trump says Congress should abolish the debt ceiling. These are the pros and cons
While many Democrats and budget experts see the debt ceiling as a problem, some fiscal conservatives think it has helped ...
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'Start taking extraordinary measures': Treasury Secretary issues ultimatum to Mike Johnson
Treasury Secretary Janet Yellen suggested that the United States is on the precipice of economic calamity unless lawmakers ...