Treasury Janet Yellen warns of debt ceiling crisis in US
In a letter sent to congressional leaders on Friday, Yellen explained that the Treasury expects to reach the statutory debt ceiling between January 14 and January 23, 2025. Once this limit is reached, the department will deploy special accounting measures to avoid breaching the debt ceiling.
The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...
The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...
Trump's decision to sabotage a bipartisan deal at the eleventh hour is likely a harbinger of the chaos to come next year when ...
Lawmakers will have to authorize additional borrowing to pay the government's bills, but there's no reason it has to be done ...
The best way for President Trump to end the debt crisis is to turn to an honest dollar defined in terms of gold.
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
1don 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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