Janet Yellen Issues New Warning About the Debt Limit

Secretary of the Treasury Janet Yellen sent yet another letter to House Speaker Kevin McCarthy (R-CA) on Monday afternoon, again warning that the United States is growing ever closer to defaulting on its debt unless a bill is passed by Congress and signed by President Joe Biden to increase the nation's debt limit. Notably, Yellen continues sending these letters to McCarthy — the man who, along with House Republicans, already passed a bill that would raise the debt ceiling and avoid default — while failing to dispatch similarly snide letters...