Janet Yellen tells Congress US could hit debt limit in mid-January – Washington Examiner

WASHINGTON (AP) — Treasury Secretary Janet Yellen said her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as January 14, in a letter sent to congressional leaders Friday afternoon.
“Treasury expects to hit the statutory debt ceiling between January 14 and January 23,” Yellen wrote in a letter addressed to House and Senate leadership, at which point […]
Janet Yellen tells Congress US could hit debt limit in mid-January – Washington Examiner