Ceiling

Reviews |  Threats to weaponize the debt ceiling are more dangerous than ever

Reviews | Threats to weaponize the debt ceiling are more dangerous than ever

Comment this story Comment Peter R. Orszag, managing director of financial advisory at Lazard, is a former director of the Office of Management and Budget and the Congressional Budget Office. Could 2023 be the year the debt ceiling time bomb finally explodes? In October, House Minority Leader Kevin McCarthy (R-Calif.) warned that Republicans planned to …

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Exclusive: As Divided Congress Ratings Rise, Yellen Warns of Need to Lift Debt Ceiling

Exclusive: As Divided Congress Ratings Rise, Yellen Warns of Need to Lift Debt Ceiling

By David Lawder NUSA DUA, Indonesia (Reuters) – As the odds of a U.S. Congress split increase, Treasury Secretary Janet Yellen has warned lawmakers’ failure to raise the U.S. debt statutory ceiling poses a “huge threat” for the US credit rating and the functioning of US financial markets. . Yellen told Reuters in an interview …

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