Political Quotes

Janet L. Yellen: not paying any of our bills is default.

On the recordMarch 22, 2023
not paying any of our bills is default.
Said by
Janet L. Yellen

Editor's note · Context

Yellen emphasizes that failing to pay all bills constitutes a default.

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The guidelines that we have put in effect for all Treasury employees... conform with OMB and Administration guidance.

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Thank you for the invitation to testify and for your support of the Treasury Department.

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We are changing that. Our budget request provides steady State operational funding that will allow taxpayers to receive the best service possible.

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I would love to know who is responsible for that.

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