Yellen warned that inaction risked “irreparable harm to the U.S. economy and the livelihoods of all Americans. »
Treasury Secretary Janet Yellen on Monday implored Congress to address the creeping debt limit, the latest in a series of warnings in recent weeks. Yellen warned that inaction risked “irreparable harm to the U.S. economy and the livelihoods of all Americans. » “In recent years Congress has addressed the debt limit through regular order, with broad bipartisan support,” Yellen said in a statement. “This is a shared responsibility, and I urge Congress to come together on a bipartisan basis as it has in the past to protect the full faith and credit of the United States.
