Yellen says Treasury to hit new debt limit in mid-Jan.

Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid default next month
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early months of the new Trump administration.
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.
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,
'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.
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.
Yellen Warns ‘Extraordinary Measures’ Will Be Needed to Avoid Default
The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.
Treasury Janet Yellen warns of debt ceiling crisis in US
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 accounting measures to avoid breaching the debt ceiling.
US may hit new debt limit as early as Jan. 14, Yellen says
Yellen urged lawmakers in the U.S. Congress to act "to protect the full faith and credit of the United States." U.S. debt is expected to decrease by about $54 billion on Jan. 2 "due to a scheduled redemption of nonmarketable securities held by a federal trust fund associated with Medicare payments,
Sec. Janet Yellen urges Congress to act on debt limit
Fox News contributor Jason Chaffetz joins 'Fox & Friends' to weigh in after Treasury Sec. Janet Yellen warned the new debt limit is expected to be reached by January 23.
US Treasury to hit new debt ceiling before Trump’s inauguration as the crisis worsens
The United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit a new debt ceiling just days before Donald Trump returns to the White House.
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