How 'Extraordinary Measures' Can Postpone a Debt Limit Disaster
Treasury Secretary Janet L. Yellen will soon need to use accounting maneuvers to keep the United States from defaulting on its debt.
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Treasury Secretary Janet L. Yellen will soon need to use accounting maneuvers to keep the United States from defaulting on its debt.
Treasury Secretary Janet Yellen will soon need to use accounting maneuvers to keep the United States from defaulting on its debt.
U.S. Treasury Secretary Janet Yellen formally put Congress on notice last week that the agency will have to start taking "extraordinary measures" after the US reaches its $31.4 trillion debt limit on Thursday.
Speaker Kevin McCarthy and President Joe Biden face their first major legislative clash as they prepare to do battle over whether or not to increase the country's $31.4 trillion debt limit.
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