Yellen warns of 'catastrophe' if Congress fails to raise debt ceiling
Headline from UPI, on the newest of 3 developments
Treasury Secretary Janet Yellen has warned Congress that if it doesn't raise the debt ceiling, which it has done dozens of times, the United States will face an economic and financial "catastrophe."
UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
WASHINGTON — Treasury Secretary Janet Yellen notified Congress on Monday that the U.S. is projected to reach its debt limit as early as June 1, if the body does not raise or suspend the debt limit bef
While Russia's invasion of Ukraine remains a burden on U.S. economic growth, Treasury officials say the debate over the debt ceiling poses the greatest risk to the U.S. financial position.
Treasury Secretary Janet Yellen sent a letter to House Speaker Kevin McCarthy (R-CA) on Monday, warning that debt ceiling armageddon may be only a month away.
In a letter Monday to House and Senate leaders, Yellen urged Congress “to ... act as soon as possible” to address the $31.4 trillion limit on its legal borrowing authority.
US Treasury Secretary Janet Yellen has written to congressional leaders warning that the federal government could run out of cash as early as June 1, unless they agree on raising the debt limit or suspending…
Treasury Secretary Janet Yellen notified Congress that the United States could default on its debt much sooner than expected if legislators don’t change course soon. Waiting “until the last minute ... can cause serious harm,” she said.
Treasury Secretary Janet Yellen said this week that she expects the U.S. government could run out of cash as early as June 1 if the debt limit is not lifted.
The U.S. may "potentially" default on its debt "as early as June 1, if Congress does not raise or suspend the debt limit before that time," Treasury Secretary Janet Yellen said in a letter Monday to…
Treasury Secretary Janet Yellen said Sunday that there are “no good options” for the United States to avoid an economic “calamity” if Congress fails to raise the nation's borrowing limit of $31.381 trillion in the coming weeks.
The US has “no good options” to avoid an “economic calamity” if lawmakers refuse to raise the debt ceiling in the next few weeks, Treasury Secretary Janet Yellen said Sunday. The …
The treasury secretary warns that the U.S. could default on its debt by June 1, with disastrous economic consequences. GOP Rep. Dusty Johnson explains why Republicans insist on adding conditions.
US Treasury Secretary Janet Yellen has urged lawmakers to find common ground and raise the country's borrowing limit. Speaking to ABC News, she also warned that the idea of invoking the 14th amendment…
Treasury Secretary Janet Yellen has warned Congress that if it doesn't raise the debt ceiling, which it has done dozens of times, the United States will face an economic and financial "catastrophe."
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