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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.
Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt 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.
Trump, debt
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits set to reach record levels.
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.
Trump's US Treasury pick Bessent says extending tax cuts a top priority
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day.
3h
on MSN
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 ...
9h
on MSN
What happens if a debt collector sues you but you can't pay?
Being sued over old debt is stressful, but there are ways to resolve this issue, even if you're short on funds.
6h
on MSN
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 ...
5h
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
9h
on MSN
Can you dispute a debt that was sold to a debt collector?
Disputing debt in collections isn't just an option; it's advisable in many situations. . Every year, millions of Americans ...
1d
on MSN
How to Avoid Paying Taxes on Debt Settlement
One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...
14h
on MSN
US Student Debt Ends Biden Era Bigger Than When He Took Office
One of President Joe Biden’s signature promises was to ease the student-loan burden on millions of Americans. He’ll leave ...
4h
on MSN
Ro Khanna says Democrats should demand a minimum wage increase in exchange for helping Trump raise the debt ceiling
Democrats may need to help Republicans raise the debt ceiling this year.If that happens, Democrats aren't going to do it for ...
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Joe Biden
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