Treasury, debt ceiling and Janet Yellen
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 U.S. Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,
This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...
Janet Yellen, the U.S. Treasury Secretary, on Friday cautioned that the government will reach its borrowing limit on Tuesday, ...
This critical action allows the government to continue borrowing to meet its legally binding financial obligations.
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
President-elect Donald Trump said on Tuesday that he wants the U.S. Congress to extend the nation's debt ceiling, adding that ...
The cap on how much the government can borrow has become a political football, but the consequences are very real.
The speaker acknowledged the borrowing limit could be included in government funding talks — where he’ll need Democratic ...
increasing borrowing costs. Although Republicans will control Capitol Hill this year, it won’t be easy for the party’s leaders to address the debt ceiling, especially if they opt to craft ...
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