On the recordSeptember 28, 2021
Treasury Secretary Janet Yellen today told lawmakers that government will essentially run out of money on October 18 if the federal debt limit isn`t raised.
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msnbc.comTreasury Secretary Janet Yellen today told lawmakers that government will essentially run out of money on October 18 if the federal debt limit isn`t raised.
Yellen warned lawmakers about the impending financial crisis if the debt limit is not increased.
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There can be no acceptable outcomes if the debt ceiling isn't raised, regardless of what decisions we make.
The Trump tax cuts added hugely to the deficit. I wish I recalled, it was something like $2 trillion over 10 years.
this has never been tried. It has been rejected by all past Treasury secretaries.