- Janet Yellen - Todd Young -
janet yellen
May 21, 2023: BBC: US debt ceiling: Joe Biden and Kevin McCarthy seek to break impasse
Meanwhile, Treasury Secretary Janet Yellen said on Sunday that 1 June remained a "hard deadline". She told NBC that without a deal "we expect to be unable to pay all of our bills in early June".
Meanwhile, Treasury Secretary Janet Yellen said on Sunday that 1 June remained a "hard deadline". She told NBC that without a deal "we expect to be unable to pay all of our bills in early June".
May 5, 2023: NBC: Flush with cash, the IRS is offering a more accurate picture of when the U.S. will hit debt ceiling
Treasury Secretary Janet Yellen informed Congress this week that the U.S. could default on its debt as early as June 1, if lawmakers do not raise or suspend the nation’s borrowing authority. That same day, the Congressional Budget Office reported that it, too, was able to zero in on a more accurate X-date because the IRS is “processing tax returns more rapidly than it did last year.”
Treasury Secretary Janet Yellen informed Congress this week that the U.S. could default on its debt as early as June 1, if lawmakers do not raise or suspend the nation’s borrowing authority. That same day, the Congressional Budget Office reported that it, too, was able to zero in on a more accurate X-date because the IRS is “processing tax returns more rapidly than it did last year.”
May 1, 2023: Reuters: US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the Treasury warned the government could run short of cash to pay its bills by June.
Treasury Secretary Janet Yellen said in a letter to Congress that the agency will be unlikely to meet all U.S. government payment obligations "potentially as early as June 1" without action by Congress.
U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the Treasury warned the government could run short of cash to pay its bills by June.
Treasury Secretary Janet Yellen said in a letter to Congress that the agency will be unlikely to meet all U.S. government payment obligations "potentially as early as June 1" without action by Congress.
Jan 25, 2023: Breitbart: Report: McCarthy Assured Manchin No Cuts to Social Security, Medicare in Debt Ceiling Resolution
Last week Treasury Secretary Janet Yellen announced that the United States had hit its 31.3 trillion debt limit and predicted the Treasury Department could use “extraordinary measures” until June to keep the government from defaulting on its debt. President Joe Biden does not intend to negotiate with Republicans on spending cuts, and White House press secretary Karine Jean-Pierre has stated several times that the president believes the ceiling should be addressed “without conditions.”
Last week Treasury Secretary Janet Yellen announced that the United States had hit its 31.3 trillion debt limit and predicted the Treasury Department could use “extraordinary measures” until June to keep the government from defaulting on its debt. President Joe Biden does not intend to negotiate with Republicans on spending cuts, and White House press secretary Karine Jean-Pierre has stated several times that the president believes the ceiling should be addressed “without conditions.”
todd young
Feb 16, 2023: Virginian Pilot: U.S. Sen. Tim Kaine pushing to formally end the Gulf and Iraq wars
Kaine and Sen. Todd Young, R-Indiana, reintroduced a bill last week to repeal the 1991 and 2002 Authorizations for Use of Military Force and formally end the Gulf and Iraq wars.
Kaine said allowing the authorizations to stay on the books invites presidents to bypass Congress and use them in “creative ways.”
Additionally, he said Iraq is no longer an enemy of the United States.
Kaine and Sen. Todd Young, R-Indiana, reintroduced a bill last week to repeal the 1991 and 2002 Authorizations for Use of Military Force and formally end the Gulf and Iraq wars.
Kaine said allowing the authorizations to stay on the books invites presidents to bypass Congress and use them in “creative ways.”
Additionally, he said Iraq is no longer an enemy of the United States.