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: Treasury starts "extraordinary measures" Jan. 21 to avoid debt limit
Treasury secretary Janet Yellen, in one of her final major acts in office, warned Congress late Friday that the Treasury will need to begin "extraordinary measures" on Tuesday to avoid hitting the debt limit.
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.
Treasury to begin ‘extraordinary measures’ as US approaches debt cliff
The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.
US will hit debt limit on Tuesday, Yellen says in letter
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said that the government ... likely have severe economic consequences. A debt limit is a cap set by Congress on how much money the ...
US Treasury To Take 'Extraordinary Measures' To Avoid Debt Default
The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office.
Yellen Warns America’s $36 Trillion Debt Ceiling Is Close
Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...
Feds will hit debt ceiling day after Trump’s inauguration, forcing ‘extraordinary measures’: Treasury Secretary
This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...
The Washington Post2d
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
WASHINGTON — In one of her last acts as Treasury Secretary, Janet Yellen said her ... defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government ...
BizPac Review1d
Janet Yellen drops bomb on way out that US will hit debt limit ONE day after Trump takes office
Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.
The Hill2d
Yellen: Debt limit will be hit day after Trump’s inauguration
Treasury Secretary Janet Yellen said Friday the nation will hit ... after a previous roughly 20-month suspension of the debt limit expired earlier this month. The Treasury Department can use ...
US to Take Extraordinary Steps to Avert a Default, Yellen Says
Outgoing Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to ...
US to hit debt ceiling Tuesday, starting Congress’ countdown clock
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...