The debt ceiling of the United States could be reached again in mid-December, after being temporarily raised in October to avoid a default, warned on Tuesday (November 16th) the US Secretary of the Treasury Janet Yellen.
"According to certain scenarios, the Treasury would end up with insufficient remaining resources to continue to finance the operations of the American government beyond"
of
"December 15,"
said Janet Yellen, in a letter to Democratic and Republican officials in Congress.
“To ensure the full confidence and credit of the United States, it is essential that Congress raises or suspends the debt ceiling as soon as possible,”
she said.
See also United States: towards a record level of public debt
In October, Congress approved a text allowing the country's debt limit to be temporarily raised by 480 billion dollars, and thus honor its payments until the beginning of December.
The measure had been adopted with the sole support of elected Democrats, the Republicans being fiercely opposed to it.
“It would be an irresponsible and catastrophic decision not to raise the debt ceiling.
I can't imagine our Congress doing that, ”
Economy and Finance Minister Joe Biden commented on public radio NPR earlier Tuesday.
Read also Congress will temporarily raise the US debt ceiling
