Yellen Prepares Debt Ceiling Measures
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federal debt ceilingAlternet.org
•Treasury secretary says she’ll take 'extraordinary measures' day after Trump inauguration
77% Informative
Janet Yellen is planning to take "extraordinary measures" to keep the U.S. current on its debt service obligations.
The move could kick the can down the road to summer of 2025 , meaning Congress wouldn't need to pass legislation raising the debt ceiling for several more months .
Speaker Mike Johnson could potentially lose the speakership if Congress doesn't raise the debt limit.
VR Score
78
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76
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25
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formal
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English
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65
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short-lived
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10
Source diversity
5
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