Yellen warns U.S. Treasury won't have enough cash to last long after Dec. 3 debt deadline

Posted on AllSides November 16th, 2021
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Continuing her long crusade to get Congress to do something, anything about the country's debt limit, Treasury Secretary Janet Yellen told NPR she'll be advising Congress soon as to how long "lawmakers have to raise or suspend the debt limit before the government runs out of cash," Bloomberg reports.

"We may be able to get past Dec. 3, we may have the resources to do that, but not a great deal of time after that," Yellen said in an interview with NPR taped Monday, per Bloomberg. Since last month, the treasury has been using "extraordinary...

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https://theweek.com/congress/1007190/yellen-warns-us-treasury-wont-have-enough-cash-to-last-long-after-dec-3-debt

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