Yellen tells Congress U.S. could hit debt limit in mid-January - NPR
Dec 28, 2024 · WASHINGTON — Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures," or special accounting maneuvers intended to prevent …
The debt ceiling is back, but no need to worry – yet
3 days ago · The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025. President-elect Donald Trump is …
Janet Yellen says Treasury Department will need to take ... - NBC News
Dec 28, 2024 · As the government faced an ultimately averted shutdown last week, one of the issues Congress debated was increasing or even eliminating the debt ceiling. The federal debt …
Secretary of the Treasury Janet L. Yellen Sends Letter to …
Dec 27, 2024 · WASHINGTON – Today, Secretary of the Treasury Janet L. Yellen sent a letter to all members of Congressional leadership regarding the debt limit.The full text of the letter can …
Yellen Issues Debt Limit Warning to Congress - The New York Times
Dec 27, 2024 · The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit. Listen to this article · 3:47 min Learn more Share full …
What is the debt ceiling? Here's why Trump wants Congress to ... - CBS News
Dec 20, 2024 · Set by Congress, the debt ceiling, or limit, is the maximum amount of money the U.S. Treasury is authorized to borrow to pay debts incurred by the federal government. Lifting …
Just days to spare, Senate gives final approval to debt ceiling deal ...
Jun 2, 2023 · Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package. It's now on its way to President Joe Biden’s desk to become law before …
Biden and McCarthy reach a final deal to avoid US default and …
May 29, 2023 · The debt ceiling deal has come with just days to spare before a potential first-ever government default. On Sunday, President Joe Biden and House Speaker Kevin McCarthy …
Congress approves debt deal, averting a US default - BBC
Jun 2, 2023 · The US Senate passes a bipartisan debt limit bill to avoid a default after weeks of tense negotiations. Senators first considered 11 amendments.
Here's what's in, what's out of the debt limit ... - Associated Press News
May 31, 2023 · WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy have been working the phones in an intense push to sell Congress on the 99-page bill that …