US Debt Crisis Looms: Janet Yellen Warns of Default Risk Amid Trump-Era Decisions - WorldEye
6 months ago
8
US Debt Crisis Looms: Janet Yellen Warns of Default Risk Amid Trump-Era Decisions - #WorldEye
US Treasury Secretary Janet Yellen predicts the federal debt limit will be reached between January 14 and 23, due to President-elect Donald Trump's failure to include a debt ceiling provision in the year-end spending bill. Once reached, the government would be unable to borrow money, leading to a technical default and bill inability. Yellen urges Congress to take extraordinary measures to avoid default.
#DebtCrisis #USDebt #JanetYellen #DebtCeiling #FinancialCrisis #USGovernment #EconomicWarning #NationalDebt #DebtLimit #USDefault #EconomyAlert #TrumpEra #FiscalPolicy #BreakingNews #Finance
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