Janet Yellen tells Congress US could hit debt limit in mid-January

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US to hit debt ceiling as soon as Jan. 14

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Yellen Says US Will Hit Debt Ceiling Mid-January, Forcing Treasury to Employ ‘Extraordinary Measures’ - The Thinking Conservative

Yellen warned U.S. will hit statutory debt ceiling middle of Jan., prompting Treasury to resort to “extraordinary measures” to prevent government defaulting. The post Yellen Says US Will Hit Debt Ceiling Mid-January, Forcing Treasury to Employ ‘Extraordinary Measures’ appeared first on The Thinking Conservative.

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Yellen Says US Will Hit Debt Ceiling Mid-January, Forcing Treasury To Employ 'Extraordinary Measures' - Nemos News Network

Authored by Tom Ozimek via The Epoch Times, Treasury Secretary Janet Yellen has warned that the United States will hit its statutory debt ceiling around the middle of January, a development she said will prompt the Treasury to resort to “extraordinary measures” to prevent the government from defaulting on its obligations. Yellen outlined the looming […]

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Yellen says Treasury to hit new debt limit in mid-January

Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in mid-January to avoid breaching the U.S. debt limit, and urged lawmakers to take action defending the “full faith and credit” of the U.S. “On Jan. 2, 2025, the new debt limit will be established at the amount of outstanding debt,” Yellen wrote in a letter on Friday to House Speaker Mike Johnson and other congressional leaders. Th…

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Yellen warns ‘extraordinary measures’ will be needed to avoid default - West Hawaii Today

Treasury Secretary Janet Yellen informed Congress on Friday that if lawmakers do not act to raise or suspend the nation’s debt limit as soon as Jan. 14, she would most likely need to begin using “extraordinary measures” to prevent the United States from defaulting on its debt.

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Yellen warns of debt ceiling crisis, urges Congress to act by January 14

Treasury Secretary Janet Yellen announced that the U.S. Treasury will need to begin implementing "extraordinary measures" to prevent the nation from hitting its debt ceiling as early as January 14, 2025. 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 accountin…