The New CS Board

[jumanji0881]

Yellen says U.S. debt ceiling could pinch in summer : https://www.kitco.com/news/2021-05-07/Yellen-says-U-S-debt-ceiling-could-pinch-in-summer.html

My Comment : No problem. We can just keep raising the debt ceiling indefinitely.

Excerpt:
U.S. Treasury Secretary Janet Yellen said on Friday the nation could exhaust its ability to borrow this summer even if Treasury takes "extraordinary actions" to buy more time when the nation's debt ceiling comes back into effect at the end of July.

Yellen told reporters at the White House that while the Treasury could extend its ability to borrow by employing special measures if Congress did not act to raise the debt ceiling, those steps might buy only a "very limited" amount of time.