Federal government nears debt-ceiling limit, Yellen warns
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
'Extraordinary measures': Treasury Sec. Yellen warns US could soon hit debt ceiling
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter sent Friday.
Yellen: US will hit debt ceiling in mid- or late-January
Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- to late-January, starting the clock on a major fiscal challenge facing President-elect Donald Trump in his first months in office.
Janet Yellen Tells Congress US Could Hit Debt Limit in Mid-January
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as January 14th,
Janet Yellen expects the US to hit debt limit before the end of January
Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from defaulting on its debt.
US may hit new debt limit as early as Jan 14, Yellen says
The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States from defaulting on its debt, Treasury Secretary Janet Yellen told lawmakers in a letter on Friday.
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 US debt limit, and urged lawmakers to take action defending the “full faith and credit” of the US.
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