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‘Chaos’ if US Fails to Raise Debt Ceiling, Warns Janet Yellen

Divya Bharat May 7, 2023 American households, borrowing limit, congress, constitutional interpretation, debt ceiling, debt obligations, Democratic majority, economic calamity, economic chaos, excessive spending, financial chaos, first-ever default, GDP decline, global financial system, good options, interest rates, Janet Yellen, Job loss, legislative passage, market impact, national borrowing limit, negotiation, Republican-led House, Republicans, Senate Appropriations Committee, spending cuts, spending priorities, Treasury measures, US lawmakers, US Treasury secretary

‘Chaos’ if US Fails to Raise Debt Ceiling, Warns Janet Yellen

Last Updated: May 08, 2023, 04:19 IST In January, Yellen sent a letter to congressional leaders, stating that her department

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