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Congress, Yellen and debt ceiling

‘Extraordinary measures’ needed by mid-January to keep US from defaulting on national debt, Treasury Secretary Janet Yellen warns Congress

Yellen, in a letter to House and Senate leaders, noted that the nation’s debt ceiling — the total amount of money the federal government is authorized to borrow to pay for obligations such as Social Security and Medicare benefits — was suspended in June 2023 but will once again be in effect on Jan. 1.

Axios · 14h

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.

Hosted on MSN · 2h

Janet Yellen tells Congress U.S. could hit debt limit in mid-January

U.S. Treasury Secretary Janet Yellen said 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 14,

1don MSN

The Hill criticized for op-ed urging Congress to block Trump from taking office: 'You people are sick'

Opinion columnists at The Hill called on Congress to block President-elect Trump from taking office on the basis of 14th ...

Government Executive1d

Musk and Ramaswamy to confront Congress in struggle for control of the public purse

The duo will need to garner support from hundreds of members of Congress for any of their suggested spending cuts as ...

2don MSN

Trump has pressed for voting changes. GOP majorities in Congress will try to make that happen

Republicans in Congress plan to move quickly in their effort to overhaul the nation’s voting procedures, seeing an ...

2don MSN

Incoming Trump admin, Congress showdown looms with South Africa over support for Russia, US foes

Senators and analysts tell Fox News Digital the incoming Trump administration could shut down South Africa’s AGOA trade deals ...

3don MSN

Congress members urge Biden to exonerate Black civil rights leader Marcus Garvey

Congresswoman Yvette D. Clarke (D-NY) led the panel of lawmakers -- mostly from the Congressional Black Caucus -- to ...

3hon MSN

'When baba passed away...': Pranab Mukherjee's daughter calls out Congress amid Manmohan Singh's memorial

Sharmistha Mukherjee, daughter of former President Pranab Mukherjee, has criticized the Congress for failing to convene a ...

Hindustan Times8m

Manmohan Singh funeral: Congress claims ‘mismanagement’; BJP alleges ‘cheap politics’

The Congress on Saturday claimed that the state funeral of former prime minister of India Manmohan Singh, organised by the central government, was a "shocking display of disrespect and management".

5don MSN

Congress is looking to ban Chinese drones that are widely used in US. What to know about the debate

The economic and technological rivalry between the U.S. and China has come to the drone market. Chinese-made flying devices ...

Rajasthan Dissolves 9 Districts Created Under Congress' Ashok Gehlot

A Cabinet meeting was held on Saturday at the Chief Minister's office under the chairmanship of Chief Minister Bhajanlal ...

20hon MSN

TikTok Ban: Free-Speech Groups, Members of Congress Urge Supreme Court to Save App on First Amendment Grounds

Groups filed briefs with the Supreme Court against the TikTok divest-or-ban law, arguing it violates the First Amendment, and ...

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