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.
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...
But the incoming president and vice president also added a new, significant wrinkle to negotiations when they urged Congress to raise or abolish the debt ceiling now, instead of next year.
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...
The Treasury will soon have to start running down its cash reserves and turn to “extraordinary measures” to pay the ...
President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...
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