The U.S. is likely to hit the maximum it's legally allowed to borrow at some point between Jan. 14 and Jan. 23, Treasury ...
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...
Janet Yellen, secretary of the U.S. Treasury, warned Congress that the government is likely to reach its limit on borrowing ...
A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...
The department has in the past deployed what are known as “extraordinary measures” or accounting maneuvers to keep the government operating.
Yellen – or the acting agency leader if the ... Just how long Congress has to handle its debt ceiling dilemma depends heavily on the amount of federal tax revenue collected this spring, the ...
Is United States of America headed for a default in 2025? Treasury Secretary Janet Yellen has said she expects the US will ...
“Treasury expects to hit the statutory debt ceiling between January 14 and January 23,” Yellen wrote in a letter addressed to House and Senate leadership, at which point extraordinary measures ...
Treasury Secretary Janet Yellen has announced that the United States is expected to hit its debt ceiling by mid- or late ...