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US Treasury to launch measures to avoid debt limit breach

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.

Hosted on MSN · 1d

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.

justthenews · 23h

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

National debt races toward record level

Hosted on MSN · 1d

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 set to reach record levels.

U.S. News & World Report · 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 question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.

The Spokesman-Review · 17h

National debt races toward record level as Trump takes office

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan bookkeeper reported Friday, with debt and deficits set to reach record levels.

22hon MSN

Feds will hit debt ceiling day after Trump’s inauguration, forcing ‘extraordinary measures’: Treasury Secretary

This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

4hon MSN

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 ...

1don MSN

CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

BizPac Review7h

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.

1don 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 extraordinary measures to allow the government to pay its bills, outgoing Treasury ...

2don MSN

Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel

U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...

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