Janet Yellen

US Senators Agree To Raise Debt Ceiling To Avoid Economic Catastrophe

Oct 7, 2021. by Ekohot Editor

The agreement comes less than two weeks before 18 October, the day the US Treasury Secretary Janet Yellen warned was the deadline to prevent the first ever US default United States Senators have agreed to extend the country’s debt ceiling, less than two weeks before it was due to be reached. A debt ceiling is … Read more

United States Will Be Broke By October 18 – Govt Official Raises Alarm

Sep 28, 2021. by Ekohot Editor

…the Treasury Department estimated it would run out of cash and accounting maneuvers at some point in October United States Treasury Secretary, Janet Yellen, has warned lawmakers that the federal government will likely run out of cash and extraordinary measures by October 18 unless Congress raises the debt ceiling. The new estimate from Yellen raises … Read more