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Federal government to hit $36T debt limit
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 trillion dollars a day after he is sworn in on Monday.
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.
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.
1d
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 ...
1mon
What to Know About the Debt Ceiling Debate at the Center of the Government Shutdown Saga
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...
1d
on MSN
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
1d
on MSN
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
11d
Trump wants to extend US debt ceiling, says he doesn't want to see a default
President-elect Donald Trump said on Tuesday that he wants the U.S. Congress to extend the nation's debt ceiling, adding that ...
Yahoo Finance
10d
What is the U.S. debt ceiling, and how does it impact you?
Let's say you have a credit card with a $5,000 spending
limit
. For some reason, the card company approves $6,000 in charges. You call them and ask, "Did you raise my spending
limit
?" They say, "No ...
5d
5 ways the debt limit fight could play out under Trump
President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...
BizPac Review
18h
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.
1d
on MSN
US to hit debt ceiling Tuesday, starting Congress’ countdown clock
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...
5d
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 ...
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