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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I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.
We certainly have proposed extending the Child Tax Credit, which was immensely helpful, and we are supportive of the legislation that has gone through the House.