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US Treasury to launch measures to avoid debt limit breach
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.
Janet Yellen says Treasury will take 'extraordinary measures' to avoid hitting debt ceiling Jan 21
It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures are taken, but in the past it has helped stall the default for several month
1h
Killing A Tax Shelter: Treasury Publishes Final Regulations For 831(b) Microcaptive Transactions
Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...
2d
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's ...
1d
on MSN
Treasury levels sanctions tied to a massive hack of telecom companies and breach of its own network
The Treasury Department has announced sanctions in connection with a massive Chinese hack of American telecommunications ...
13h
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Committee for a Responsible Federal Budget
4d
Treasury Confirms Calendar Year 2024 Deficit Tops $2.0 Trillion
The Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024, $711 billion in the first three months of fiscal ...
2d
on MSN
Trump's Treasury Secretary pick to face big questions at confirmation hearing
Trump Treasury Secretary nominee Scott Bessent faces a Senate panel on Thursday and can expect grilling from a Democratic watchdog of Wall Street.
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