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US Treasury to launch measures to avoid debt limit breach
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.
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.
US Treasury to take 'extraordinary measures' to avoid debt default
The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Tr
US will hit debt limit on Tuesday, Yellen says in letter
U.S. Treasury Secretary Janet Yellen said that the government would reach its statutory borrowing limit on Tuesday and would begin employing "extraordinary measures" to keep from breaching the cap and triggering a potential catastrophic default.
US treasury secretary says US will take measures to avoid default
U.S. Treasury Secretary Janet Yellen is warning that the government will reach its debt limit on Tuesday and will need to take “extraordinary measures” to avoid risking a potentially catastrophic default.
1d
on MSN
Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...
2d
on MSN
House GOP's Budget Hawks Now Want A $4 Trillion Debt Limit Hike
The Treasury Department will begin using accounting moves soon to keep from defaulting. The House Freedom Caucus says its ...
BizPac Review
14h
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
Yellen Warns America’s $36 Trillion Debt Ceiling Is Close
Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...
1d
on MSN
Ro Khanna says Democrats should demand a minimum wage increase in exchange for helping Trump raise the debt ceiling
Khanna told Business Insider that a federal minimum wage increase has broad support and that Democrats "should force ...
2d
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the ...
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 ...
The Daily Star
56m
US to see rising debt, deficit in next decade: budget office
Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...
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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