Yellen says Delta slowing recovery, urges Congress to raise U.S. debt limitYellen warned Congress three weeks ago that the Treasury would run out of maneuvering room by mid-October. She said economists were able to issue a specific date based on the amount of revenue the U.S. had received in September. Yellen urged Congress to “protect the full faith and credit of the United States by acting as soon as possible”
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Yellen Warns Congress Debt Limit Deadline Is October 18
Treasury Secretary Janet Yellen on Tuesday again warned Congress about the dangers of not promptly raising the federal debt limit and said that, without action on their part, the U.S. could be forced to default on at least some of its obligations within a few weeks. In a letter to congressional leaders, Yellen said that the latest projections show that Treasury will exhaust its options for making all of its scheduled payments on October 18. “At …
yellen: US may exhaust funds by October 18 unless debt limit raised: Yellen
The US Treasury is likely to exhaust measures to keep funding the government on October 18, and will run out of cash unless Congress raises the federal borrowing cap, treasury secretary Janet Yellen warned on Tuesday.
Yellen says Delta slowing recovery, urges Congress to raise U.S. debt limit
WASHINGTON - U.S. Treasury Secretary Janet Yellen told senators on Tuesday that the United States should return to full employment next year despite headwinds from the coronavirus Delta variant and again urged Congress to quickly lift the federal debt limit. In prepared remarks to a Senate Banking Committee hearing, Yellen said the recovery from a COVID-19 pandemic-induced recession
US Government May Run Out Of Funds By October Unless Debt Limit Raised
The US Treasury is likely to exhaust measures to keep funding the government on October 18, and will run out of cash unless Congress raises the federal borrowing cap, Treasury Secretary Janet Yellen warned Tuesday.
Yellen: US debt measures likely exhausted Oct. 18
Secretary Janet Yellen tells Congress the Treasury Department will likely exhaust all of its "extraordinary measures" to avoid an unprecedented default on the government's obligations by Oct. 18. (Sept. 28)
Treasury’s Yellen: Congress faces hard deadline of Oct. 18 on debt
Treasury Secretary Janet Yellen told Congress on Tuesday it faces a hard deadline of Oct. 18 to lift the debt limit and avoid default as Democrats and Republicans bicker about spending on Capitol Hill.
Yellen warns US will be out of cash by 18 October
Treasury Secretary Janet Yellen warned on Tuesday that the nation could default on its debt by 18 October if Congress does not take action to raise the debt limit.
US government will run out of money by October 18, Treasury secretary says
Treasury Secretary Janet Yellen warned lawmakers that the federal government will likely run out of cash and extraordinary measures by October 18 unless Congress raises the debt ceiling.
Yellen warns delay in raising debt limit will slow economy
Treasury Secretary Janet Yellen is sounding an urgent call for Congress to raise the U.S. government’s borrowing limit, a day after Senate Republicans blocked consideration of a bill that would have done so
Congress must raise the debt limit by Oct. 18, Treasury Secretary Yellen warns in new letter as potential default looms
Treasury Secretary Janet Yellen said that Congress has until Oct. 18 to address the looming debt ceiling and avoid economic calamity.