Federal government to hit $36T debt limit

Yellen: Treasury starts "extraordinary measures" Jan. 21 to avoid debt limit
Treasury secretary Janet Yellen, in one of her final major acts in office, warned Congress late Friday that the Treasury will need to begin "extraordinary measures" on Tuesday to avoid hitting the debt limit.
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
Federal government to hit $36T debt limit on Tuesday
President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 trillion dollars a day after he is sworn in on Monday.
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.
US to hit debt ceiling Tuesday, starting Congress’ countdown clock
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury Secretary Janet Yellen said in a letter to congressional leaders on Friday.
US Treasury to launch measures to avoid debt limit breach on Tuesday
U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing "extraordinary measures" to keep from breaching the cap and risking a potential catastrophic default.
Yellen Warns America’s $36 Trillion Debt Ceiling Is Close
Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...
Feds will hit debt ceiling day after Trump’s inauguration, forcing ‘extraordinary measures’: Treasury Secretary
This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...
BizPac Review20h
Janet Yellen drops bomb on way out that US will hit debt limit ONE day after Trump takes office
Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.
Yellen says Treasury will take 'extraordinary measures' to avoid default
U.S. Treasury Secretary Janet Yellen is warning that the government will reach its debt limit on Tuesday and will need to ...
US to Take Extraordinary Steps to Avert a Default, Yellen Says
Outgoing Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to ...
The New York Times23d
Yellen Warns ‘Extraordinary Measures’ Will Be Needed to Avoid Default
By Alan Rappeport Alan Rappeport has covered debt limit fights during the Trump and Biden administrations. Treasury Secretary Janet L. Yellen informed Congress on Friday that if lawmakers do ...
Treasury to begin ‘extraordinary measures’ as US approaches debt cliff
The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a ...
U.S. News & World Report22d
Janet Yellen Tells Congress US Could Hit Debt Limit in Mid-January
Janet Yellen Tells Congress US Could Hit Debt Limit in Mid-January WASHINGTON (AP) — Treasury Secretary Janet Yellen said her agency will need to start taking “extraordinary measures,” or ...