Yellen extends US debt limit default deadline to Dec 15

November 17, 2021 7:52 AM

WASHINGTON (REUTERS) – US Treasury Secretary Janet Ms Yellen on Tuesday (Nov 16) extended a deadline for a potential US government default to Dec 15 from Dec 3, giving Congress more time to raise the federal debt ceiling as lawmakers also consider a massive social spending and climate bill.

Source : http://www.straitstimes.com/business/economy/yellen-extends-us-debt-limit-default-deadline-to-dec-15