- Analytics
- News and Tools
- Market News
- U.S. Treasury Secretary Yellen reiterates that Congress should increase or suspend debt limit on bipartisan basis
U.S. Treasury Secretary Yellen reiterates that Congress should increase or suspend debt limit on bipartisan basis
- She repeats that increasing or suspending debt limit does not increase government spending, nor does it authorize spending for future budget proposals
- It simply allows Treasury to pay for previously enacted expenditures; failure to meet those obligations would cause irreparable harm to U.S. economy
- In recent years Congress has addressed debt limit through regular order, with broad bipartisan support
- Congress should do so again now by increasing or suspending debt limit on bipartisan basis
- This is shared responsibility, and I urge Congress to come together on bipartisan basis as it has in past to protect full faith and credit of U.S.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
