If the debt ceiling is not raised, the United States may run out of cash by early June, according to Yellen.
Summary by NewsWall Apr 12 23
- In a letter to the House on Friday, Yellen stated that the nation's debt is expected to reach its statutory limit of roughly $31.4 trillion on January 19, forcing the Treasury to begin taking "extraordinary measures" to help pay for government operations and prevent the US from defaulting on its debt obligations.
- "Failure to meet the government's obligations would cause irreparable harm to the U.S. economy," she added, urging Congress to raise or suspend the debt ceiling "as soon as possible."
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| Last Updated | Jan 14 23 |
| Total Articles | 32 |
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U.S. will begin ‘extraordinary measures’ to stay under debt limit: Treasury warns of « irreparable harm » to the global economy as debt limit standoff begins.
washingtonpost.com/us-policy/2023/01/13/debt-limit-extraordinary-measures-treasury/
Yellen says US is projected to hit debt ceiling on Jan. 19: Treasury Secretary Janet Yellen said the U.S. is projected to reach its roughly $31 ...
thehill.com/policy/finance/3812366-yellen-says-us-is-projected-to-hit-debt-ceiling-on-jan-19/
White House calls for debt ceiling hike ‘without conditions’: The White House on Friday called for the debt limit to be raised without conditions ...
thehill.com/homenews/administration/3812508-white-house-calls-for-debt-ceiling-hike-without-conditions/
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U.S. will begin ‘extraordinary measures’ to stay under debt limit: Treasury warns of « irreparable harm » to the global economy as debt limit standoff begins.
washingtonpost.com/us-policy/2023/01/13/debt-limit-extraordinary-measures-treasury/
Yellen says US is projected to hit debt ceiling on Jan. 19: Treasury Secretary Janet Yellen said the U.S. is projected to reach its roughly $31 ...
thehill.com/policy/finance/3812366-yellen-says-us-is-projected-to-hit-debt-ceiling-on-jan-19/
White House calls for debt ceiling hike ‘without conditions’: The White House on Friday called for the debt limit to be raised without conditions ...
thehill.com/homenews/administration/3812508-white-house-calls-for-debt-ceiling-hike-without-conditions/
Treasury secretary: US to reach debt ceiling on Thursday: Janet Yellen told Congress that ‘extraordinary measures’ would be taken to avoid default until ...
theguardian.com/business/2023/jan/13/treasury-secretary-janet-yellen-debt-ceiling
What Happens When U.S. Reaches Debt Limit as Ceiling Inches Closer: Treasury Secretary Janet Yellen warned House Speaker Kevin McCarthy that the U.S ...
newsweek.com/what-happens-when-us-reaches-debt-limit-ceiling-inches-closer-janet-yellen-kevin-mccarthy-letter-1773749
U.S. expected to hit debt limit Thursday, Yellen tells Congress: Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach ...
pbs.org/newshour/politics/u-s-expected-to-hit-debt-limit-thursday-yellen-tells-congress
Treasury secretary tells Congress US expected to hit debt limit Thursday: In a letter to House and Senate leaders, Yellen said her actions will buy time until ...
bostonglobe.com/2023/01/13/business/treasury-secretary-tells-congress-us-expected-hit-debt-limit-thursday/
U.S. Will Hit Debt Limit on Thursday, Yellen Tells Congress: The Treasury Department expects to begin taking “extraordinary measures” to continue paying the ...
nytimes.com/2023/01/13/business/economy/debt-limit-us-economy.html
What’s the Debt Ceiling, and Will the US Raise It?: The very phrase “debt ceiling” sounds austere and restrictive, as if it’s a lid on government spending ...
bloomberg.com/news/articles/2023-01-13/what-s-the-debt-ceiling-and-will-the-us-raise-it
Yellen warns that US will hit debt limit next week: The U.S. government will reach its statutory debt limit next Thursday, according to a letter from Treasury ...
foxbusiness.com/economy/yellen-warns-us-will-hit-debt-limit-next-week
Yellen tells Congress US expected to hit debt limit Thursday: The treasury secretary notified Congress it will resort to “extraordinary measures” to avoid ...
detroitnews.com/story/business/2023/01/13/yellen-tells-congress-us-expected-to-hit-debt-limit-thursday/69806343007/
Yellen says U.S. will hit debt limit Thursday, warns of ‘irreparable harm’: The Treasury has only a finite amount of time it can use extraordinary measures to ...
politico.com/news/2023/01/13/janet-yellen-debt-limit-00077898
‘Doomsday Clocks’ Likely Before Congress Hikes Debt Limit: With the US government facing the danger of a payments default later this year ...
bloomberg.com/news/articles/2023-01-13/-doomsday-clocks-likely-needed-before-congress-hikes-debt-limit
U.S. Could Run Out Of Cash By Early June If Debt Limit Isn’t Raised, Yellen Warns
forbes.com/sites/jonathanponciano/2023/01/13/us-stands-to-run-out-of-cash-by-early-june-if-debt-limit-isnt-raised-yellen-warns/
Biden administration warns House GOP about debt ceiling deadlines: The clock starts ticking on Jan. 19.
axios.com/2023/01/13/biden-yellen-treasury-debt-ceiling-mccarthy
U.S. will hit its debt limit Thursday, start taking steps to avoid default, Yellen warns Congress
cnbc.com/2023/01/13/us-will-hit-its-debt-limit-thursday-start-taking-steps-to-avoid-default-yellen-warns-congress.html
Janet Yellen warns of 'extraordinary measures' as U.S. on track to hit debt ceiling next week
cbc.ca/news/business/yellen-debt-ceiling-1.6713268
Obama-Era Debt Showdown? Janet Yellen Warns Kevin McCarthy About Budget Ceiling : U.S. Secretary of the Treasury Janet Yellen sounded the alarm Friday ...
benzinga.com/government/23/01/30414900/obama-era-debt-showdown-janet-yellen-warns-kevin-mccarthy-about-budget-ceiling
US expected to hit debt limit, Treasury Secretary Janet Yellen warns Congress: Treasury Secretary Janet Yellen notified Congress on Friday that the U.S ...
orlandosentinel.com/business/debt-limit-treasury-20230113-cllid6srinebdhbu7rxc3zjakm-story.html
Paid articlePaid
As Debt Ceiling Alarm Sounded, GOP Accused of Plotting 'Terrorist Attack on the Economy'
commondreams.org/news/yellen-debt-limit-republicans-economy
Paid articlePaid
How Janet Yellen is going to keep the US from defaulting until at least June: The US Treasury Secretary is going to suspend investment in retiree funds for ...
qz.com/us-treasury-janet-yellen-plan-avoid-default-june-2023-1849986967
‘Playing chicken’: Republicans draw battle lines over US debt ceiling: Newly empowered hardline House members are demanding deep spending cuts in exchange for ...
ft.com/content/3c70c5e5-a173-4758-81d4-124edba45cac
Paid articlePaid Janet Yellen warns US will hit $31.4tn debt ceiling next week: Treasury secretary said milestone could run risk of a damaging debt default starting in early June
ft.com/content/d3f91715-8689-4ac7-91bb-2a9b335ccc31
Paid articlePaid
Yellen says U.S. will hit debt ceiling Thursday. Analysts warn of ‘significant market pain’ while Congress deals with limit.
marketwatch.com/story/yellen-says-u-s-will-hit-debt-ceiling-thursday-as-analysts-warn-of-significant-market-pain-while-congress-deals-with-limit-11673635465
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