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United States strapped for resources on October 18 if debt ceiling is not raised

2021-10-02T10:41:58.132Z


US Treasury Secretary Janet Yellen sounded the alarm on Tuesday. The United States will have exhausted on October 18 all exceptional measures to finance the country's budget if the debt ceiling is not raised, Janet Yellen, Secretary of the Treasury, warned Tuesday. Read alsoIn the United States, the surge in high-end real estate After this date, " we expect that the Treasury finds itself with very limited resources which would run out quickly, " warns in a le


The United States will have exhausted on October 18 all exceptional measures to finance the country's budget if the debt ceiling is not raised, Janet Yellen, Secretary of the Treasury, warned Tuesday.

Read alsoIn the United States, the surge in high-end real estate

After this date, "

we expect that the Treasury finds itself with very limited resources which would run out quickly,

" warns in a letter to elected officials Joe Biden's Minister of Finance, while a standoff is playing out to Congress on the gigantic investment plans proposed by the government.

Source: lefigaro

All news articles on 2021-10-02

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