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 ...
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 ...
U.S. Starts Maneuvers to Avoid Breaching Debt Limit, Putting Pressure on Congress
A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.
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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.
People take extraordinary measures to protect their homes from wildfires
Some facing the prospect of losing their homes are taking extraordinary measures to save their property. Some are staying in ...
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 ...