On the recordMarch 22, 2023
The failure to raise the debt ceiling would cause an economic and financial catastrophe.
Said by
Janet L. Yellen
Source
congress.govThe failure to raise the debt ceiling would cause an economic and financial catastrophe.
Yellen warns about the severe consequences of not raising the debt ceiling.
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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.
this has never been tried. It has been rejected by all past Treasury secretaries.
Those who were responsible for the failure of a bank should not be profiting when stockholders and investors in the bank are taking--forced to take losses.