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Yellen says bond sell-off raised instability threat, influencing Trump tariff U-turn
Former U.S. Treasury Secretary Janet Yellen said on Thursday that the threat of financial instability prompted by falling ...
The New Voice of Ukraine on MSN10d
Ticking debt bomb: US may default as early as spring 2025
Failure by Congress and President Donald Trump to agree on raising the debt ceiling could have severe consequences, Reuters ...
Spectrum News NY114d
U.S. could run short of money to pay its bills by August without debt limit deal, CBO says
After the debt limit was reinstated in January, in one of her last acts as Treasury Secretary, Janet Yellen said Treasury would institute "extraordinary measures " intended to prevent the U.S ...
US could run short of money to pay its bills by August without a debt limit deal: CBO
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
Imminent debt default: U.S. hurtling toward August debt crisis as CBO warns government could run out of money without Congressional action; here's how it will affect Americans
The US faces a possible financial crisis as the Congressional Budget Office warns the government could run out of money by August unless Congress raises the debt ceiling. The Treasury has already hit ...
U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...
US projected to default this summer absent congressional action
If lawmakers do not raise or suspend the debt limit before all extraordinary measures are exhausted, the government could ...