US Treasury to launch measures to avoid debt limit breach

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.
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 said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,
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.
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.
Janet Yellen says Treasury will take 'extraordinary measures' to avoid hitting debt ceiling Jan 21
It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures are taken, but in the past it has helped stall the default for several month
Yellen: Treasury starts "extraordinary measures" Jan. 21 to avoid debt limit
Treasury secretary Janet Yellen, in one of her final major acts in office, warned Congress late Friday that the Treasury will need to begin "extraordinary measures" on Tuesday to avoid hitting the debt limit.
Yellen says Treasury will take 'extraordinary 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.
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.
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 ...
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 ...
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 ...
Johnson ‘not wed’ to including debt ceiling in sprawling reconciliation bill
Speaker Mike Johnson (R-La.) on Tuesday said he is “not wed” to including a debt limit increase in the reconciliation package ...
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 ...
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 ...
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 ...
Trump's US Treasury pick says question of debt limit repeal is 'nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of ...