Yellen says Treasury to hit new debt limit in mid-Jan.

Janet Yellen expects the US to hit debt limit before the end of January
Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from defaulting on its debt.
Federal government nears debt-ceiling limit, Yellen warns
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
Janet Yellen tells Congress US could hit debt limit in mid-January
Treasury Secretary Janet Yellen says 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 14th,
'Extraordinary measures': Treasury Sec. Yellen warns US could soon hit debt ceiling
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter sent Friday.
Yellen says Treasury to hit new debt limit in mid-January
Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in mid-January to avoid breaching the U.S. debt limit.
Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid debt ceiling next month
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early months of the new Trump administration.
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.
Yellen: US will hit debt ceiling in mid- or late-January
Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- to late-January, starting the clock on a major fiscal challenge facing President-elect Donald Trump in his first months in office.
US may hit new debt limit as early as Jan. 14, Yellen says
Yellen urged lawmakers in the U.S. Congress to act "to protect the full faith and credit of the United States." U.S. debt is expected to decrease by about $54 billion on Jan. 2 "due to a scheduled redemption of nonmarketable securities held by a federal trust fund associated with Medicare payments,
Sec. Janet Yellen urges Congress to act on debt limit
Fox News contributor Jason Chaffetz joins 'Fox & Friends' to weigh in after Treasury Sec. Janet Yellen warned the new debt limit is expected to be reached by January 23.
US Treasury to hit new debt ceiling before Trump’s inauguration as the crisis worsens
The United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit a new debt ceiling just days before Donald Trump returns to the White House.
The New York Times5d
Yellen Warns ‘Extraordinary Measures’ Will Be Needed to Avoid Default
By Alan Rappeport Alan Rappeport has covered debt limit fights during the Trump and Biden administrations. Treasury Secretary Janet L. Yellen informed Congress on Friday that if lawmakers do not ...
CBS News4d
Janet Yellen tells Congress that U.S. could hit debt limit in mid-January
Treasury Secretary Janet Yellen said in a letter sent to congressional ... Trump's core debt demand to raise or suspend the nation's debt limit. The bill was approved by Congress only after ...