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Federal government to hit $36T debt limit
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.
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 Tuesday to avoid debt limit breach
Secretary says Treasury will suspend investments in two government employee benefit funds through March 14, to claw back borrowing capacity under the $36.1 trillion debt ceiling
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 special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,
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 extraordinary measures to allow the government to pay its bills, outgoing Treasury Secretary Janet Yellen said in a letter to congressional leaders on Friday.
Yellen: Debt limit will be hit day after Trump’s inauguration
Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off the threat of a national default.
18h
on MSN
Trump pushes Hill GOP on recess appointments, debt limit
As for the fire-aid-for-debt-limit trade, GOP lawmakers who first raised the idea with Trump at recent Mar-a-Lago meetings ...
IJR
6d
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 ...
5d
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 ...
5d
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 ...
8d
Sen. Rounds: Tying debt limit to California aid ‘not meant as a penalty’
Sen. Mike Rounds (R-S.D.) said Monday that tying the debt limit to California aid for the recent deadly wildfires it has ...
13d
Tax cuts, debt limit, spending caps: Congress faces key fiscal choices this year
The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...
6h
How the Debt Could Hamstring Trump’s Agenda
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.
9d
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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