Yellen urges Congress to raise debt limit to avoid financial crisis

Treasury Secretary Janet Yellen has warned that if the debt ceiling is not raised, the US government will run out of money to pay its bills sometime in October

US Treasury Secretary Janet Yellen pleaded Sunday for Congress to raise the debt ceiling in order to avoid a “historic financial crisis.”

“Doing so would likely precipitate a historic financial crisis,” Yellen wrote. 

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button