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US Treasury to launch measures to avoid debt limit breach

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.

Hosted on MSN · 1d

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.

POLITICO on MSN · 1d

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 financially catastrophic default.

CBO, debt

The Associated Press on MSN · 1d

CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.

Fox Business on MSN · 1d

New budget projections show US hitting debt record in 4 years: CBO

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.

Newsweek · 1d

CBO Projects U.S. Debt to Surge $23.9T, Excluding Tax Cuts by Trump

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

23hon MSN

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 ...

5hon MSN

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 ...

BizPac Review8h

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.

Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'

(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the ...

1don MSN

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 ...

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