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US Treasury to launch measures to avoid debt limit breach
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
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.
U.S. Starts Maneuvers to Avoid Breaching Debt Limit, Putting Pressure on Congress
WASHINGTON—The U.S. government is now constrained by its statutory debt limit, the Treasury Department said, prompting the start of “extraordinary measures” this Tuesday to keep America’s bills paid and putting pressure on Congress to lift the borrowing cap.
1d
on MSN
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 ...
IJR
3d
J.D. FOSTER: Trump Is Right About The Debt Limit — Kill It
President-elect Donald Trump has called for either eliminating the debt limit or pushing it far into the future. Many ...
BizPac Review
1d
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.
6d
on MSN
Trump frustrated with GOP lawmakers over debt-limit quandary
President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after ...
10h
Trump's economic plans face 'highly unusual' bond market as national debt continues to balloon
The gigantic national debt is finally starting to spook financial markets. That could hamstring Trump's economic agenda.
12d
Speaker Johnson wants debt limit hike in budget package, doesn’t want help from Democrats
House Speaker Mike Johnson wants to include one of President-elect Donald Trump’s top priorities inside a colossal border and ...
7d
on MSN
House GOP lawmakers raised alternative debt limit plays in huddle with Trump
President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed ...
News Nation on MSN
6d
Debt limit may need to be increased to provide fire assistance for LA: Sen. Rounds | The Hill
Devastating wildfires in Los Angeles have some questioning what the government will do in terms of aid for those who have ...
2d
on MSN
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 ...
12d
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a ...
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