October 16, 2021

The Catholic Transcript

Complete News World

Janet Yellen

The US Treasury Secretary warned that the US government will run out of cash until October 18

In a letter, Janet Yellen said the federal government will likely run out of money to meet its obligations on October 18, unless Congress raises the debt ceiling.



247 – US Treasury Secretary Janet Yellen said Thursday (30) that the federal government will likely run out of money to meet its obligations on October 18, unless Congress raises the debt ceiling.

“It is uncertain whether we will be able to continue to meet all of the country’s obligations beyond that date,” Yellen said in a letter to US lawmakers, adding that the forecast is based on estimated tax payments.

A default would be potentially catastrophic, flooding markets and the economy and delaying payments for millions of Americans.

Free knowledge groups. know more. follow us no cable.

you who have come this far, Thank you very much for rating our content. Unlike corporate media, the 247- Brazil it’s at TV 247 They finance themselves through their own community of readers and viewers. You can support TV 247 and Brasil 247 in different ways. See how at brasil247.com/apoio

Support 247

See also  Consumers are already paying over R$7 more in fuel; The average price is R$5.86, says the National Ports Agency