Congress, debt ceiling and Janet Yellen

Treasury secretary sends warning urging Congress to act on debt limit
Treasury Secretary Janet Yellen warned Congress on Friday that "extraordinary measures" will be necessary as early as Jan. 14 unless Congress acts to raise or otherwise suspend the debt ceiling. Why it matters: President-elect Trump has voiced support to abolish the debt limit despite some of his supporters historically opposing action to raise the debt ceiling during Democratic administrations.
'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 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,
Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid debt ceiling 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.
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.

Trump, Congress

Congress strips IRS of another $20B in averting government shutdown
WASHINGTON -- Congress stripped the IRS of an additional $20 billion last week when averting the government shutdown. Originally, congressional Democrats had given the IRS $80 billion in the 2022 ...
CNN3d
Republicans will still have to deal with the debt ceiling in 2025. Here’s what you need to know
Congress ultimately passed a package to fund the federal government into mid-March that did not include Trump’s demand to deal with the debt ceiling. Trump had hoped to address the debt ceiling ...
Government shutdown is averted just after deadline as Congress rejects Trump’s debt limit demands
Hours to go before a midnight deadline, the Senate is preparing to give final approval to a new plan from Speaker Mike ...
Alternet on MSN2d
'Start taking extraordinary measures': Treasury Secretary issues ultimatum to Mike Johnson
Treasury Secretary Janet Yellen suggested that the United States is on the precipice of economic calamity unless lawmakers ...