Janet Yellen tells Congress that U.S. might hit debt restrict in mid-January

Janet Yellen tells Congress that U.S. might hit debt restrict in mid-January

Treasury Secretary Janet Yellen mentioned in a letter despatched to congressional leaders Friday afternoon that her company might want to begin taking “extraordinary measures” or particular accounting maneuvers supposed to forestall the nation from hitting the debt ceiling as early as Jan. 14. “Treasury expects to hit the statutory debt ceiling between January 14 and…

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US Republicans suggest new deal to forestall shutdown, with Donald Trump’s backing

US Republicans suggest new deal to forestall shutdown, with Donald Trump’s backing

Republicans within the U.S. Congress mentioned on Thursday that they had reached a brand new spending package deal that will avert a looming authorities shutdown — this time with the help of President-elect Donald Trump, who scuttled a previous bipartisan model. Rep. Andy Harris, R-Md., chairman of the Home Freedom Caucus, joins a bunch of…

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Manchin predicts Senate will go together with Home on shutdown negotiations: “There’s not a lot struggle left”

Manchin predicts Senate will go together with Home on shutdown negotiations: “There’s not a lot struggle left”

Sen. Joe Manchin, who’s leaving workplace subsequent month, is predicting there will not be a authorities shutdown, regardless of the uncertainty over a invoice within the day earlier than the deadline. He says no matter settlement Home Republicans attain to fund the federal government, the Senate will “swallow laborious,” help it and go dwelling for…

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