Yellen Says Treasury to Hit New Debt Limit in Mid-January
Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in mid-January to avoid breaching the US debt limit, and urged lawmakers to take action defending the “full faith and credit” of the US.
Treasury Secretary Janet Yellen warned Congress on Friday that the U.S. will hit its debt limit unless the government ...
The United States is facing a potential economic crisis as it rapidly approaches its debt ceiling limit, with experts ...
6don MSN
Hours to go before a midnight deadline, the Senate is preparing to give final approval to a new plan from Speaker Mike ...
8don MSN
President-elect Donald Trump on Thursday took credit for killing the House Republican-proposed government funding bill, ...
Incoming Senate Majority Leader John Thune (R-S.D.) on Thursday stopped short of embracing a proposal to add language to a ...
WNCT Greenville on MSN8d
House GOP eyes plan B stopgap with separate 2-part debt limit commitmentHouse Republicans are eyeing an alternative government funding stopgap that excludes a debt ceiling increase, and are instead ...
Called the debt limit or debt ceiling, it institutes a cap on how much debt the federal government can accrue. The problem with this idea, though, is that it mandates that the barn door stay ...
18hon MSN
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.
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