Federal government to hit $36T 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.
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.
Yellen Warns America’s $36 Trillion Debt Ceiling Is Close
US Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to avoid breaching the US debt limit, urging lawmakers to take steps to increase or suspend the statutory ceiling.
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.
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.
Trump pushes Hill GOP on recess appointments, debt limit
As for the fire-aid-for-debt-limit trade, GOP lawmakers who first raised the idea with Trump at recent Mar-a-Lago meetings ...
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J.D. FOSTER: Trump Is Right About The Debt Limit — Kill It
President-elect Donald Trump has called for either eliminating the debt limit or pushing it far into the future. Many ...
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.
5 ways the debt limit fight could play out under Trump
President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...
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U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States. By Alan Rappeport Reporting from Washington ...
GOP Debt Limit Plan Banks on Support From Dozens of Skeptics
More than a third of House Republicans have never voted for a debt ceiling hike, a daunting obstacle as President-elect Donad ...
Trump frustrated with GOP lawmakers over debt-limit quandary
President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after ...
Speaker Johnson mulls options for debt limit extension that could include Democrats
House Speaker Mike Johnson’s plan to attach a raising of the nation’s debt limit to a colossal border, tax and energy package ...
Trump now must confront a problem he can’t solve alone: The debt ceiling
The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness ...
Sen. Rounds: Tying debt limit to California aid ‘not meant as a penalty’
Sen. Mike Rounds (R-S.D.) said Monday that tying the debt limit to California aid for the recent deadly wildfires it has ...