On the recordOctober 5, 2021
If Congress doesn’t raise what’s called the debt ceiling by October 18th, it could trigger a recession.
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msnbc.comEditor's note · Context
Janet Yellen warns about the economic consequences of not raising the debt ceiling.
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More from Janet Yellen
May 20, 2023
the odds of reaching June 15th, while being able to pay all of our bills, is quite low.
Mar 16, 2023
It is important that we maintain the improvements that have been put in place that mitigate the risk and the potential damage.
Jun 12, 2023
President Biden proposed a full-blown budget that contains substantial deficit reduction, $3 trillion over 10 years.
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