Political Quotes

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.

Share

More from Janet L. Yellen

Jun 4, 2024

I am heartened that Congress passed crucial support for Ukraine and for other allies.

congress.gov
Mar 22, 2023

The failure to raise the debt ceiling would cause an economic and financial catastrophe.

congress.gov
Mar 22, 2023

prioritization is default by another name.

congress.gov
Mar 22, 2023

We are also asking for an increase for the Community Development Financial Institutions (CDFI) Fund, which expands credit and financial support to historically underserved communities.

congress.gov