By — Martin Crutsinger, Associated Press Martin Crutsinger, Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/economy/u-s-may-hit-debt-limit-in-october-yellen-warns Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter U.S. may hit debt limit in October, Yellen warns Economy Sep 8, 2021 10:47 AM EDT WASHINGTON (AP) — Treasury Secretary Janet Yellen is warning Congress that she will run out of maneuvering room to prevent the U.S. from broaching the government’s borrowing limit in October. In a letter to congressional leaders on Wednesday, Yellen said that she still could not provide a specific date for when she will no longer be unable to keep the government funded absent action by Congress to raise the debt limit. “Based on our best and most recent information, the most likely outcome is that cash and extraordinary measures will be exhausted during the month of October,” Yellen wrote. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now By — Martin Crutsinger, Associated Press Martin Crutsinger, Associated Press
WASHINGTON (AP) — Treasury Secretary Janet Yellen is warning Congress that she will run out of maneuvering room to prevent the U.S. from broaching the government’s borrowing limit in October. In a letter to congressional leaders on Wednesday, Yellen said that she still could not provide a specific date for when she will no longer be unable to keep the government funded absent action by Congress to raise the debt limit. “Based on our best and most recent information, the most likely outcome is that cash and extraordinary measures will be exhausted during the month of October,” Yellen wrote. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now