Yellen Says Veterans, Seniors at Risk in Debt-Limit Showdown
- Treasury chief warns seniors, veterans at risk in showdown
- Congress sholdn’t wait until last minute to lift ceiling
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Treasury Secretary Janet Yellen renewed her warning that Congress must raise the federal government’s debt ceiling to avoid an “economic and financial catastrophe.”
“The solution is simple: Congress must vote to raise or suspend the debt limit. It should do so without conditions, and it should not wait until the last minute,” Yellen said in remarks on Tuesday.