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.
