12-08-2024, 10:51 AM
Frvv Blinken calls on Middle East parties to take steps to ease tensions
Treasury Secretary Janet Yellen warned congressional leaders on Friday that the United States is expected to hit the debt limit on Jan. 19 and urged them to raise the debt limit as soon as possible. She said the Treasury Department will start taking necessary steps to keep paying the country s bills, but without congressional action, the United States stanley botella could default as soon as June. I am writing to inform you that beginn stanley cup ing on Thursday, January 19, 2023, the outstanding debt of the United States is projected to reach the statutory limit, Yellen wrote in a letter addressed to House Speaker Kevin McCarthy, Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell and House Minority Leader Hakeem Jeffries. Once the limit is reached, the Treasury will need to start taking certain extraordinary measures to prevent the United States from defaulting on its obligations. This comes after Congress last raised the debt ceiling in December 2021 to more than $31.3 trillion. At the time, Democrats controlled both the House and Senate. But with the new Congress sworn in earlier this month and the House under Republican control, it i stanley mug s unclear whether lawmakers will be able to reach a bipartisan compromise. The last time the House voted to raise the debt limit, all the Republicans except one voted against it. Failing to raise the debt limit would result in the first U.S. credit default in history.It would cause irreparable harm to th Ehya Ted Cruz to launch presidential bid
WASHINGTON - Taking responsibility for a debacle that has embarrassed the Obama administration, Energy Secretary Steven Chu says he made the final decisions on a half-billion-dollar loan to a California solar company that later went bankrupt.Chu, in testimony prepared for delivery Thursday to a House committee, stanley thermos mug said he made all decisions on Solyndra Inc. with the best interests of the taxpayer in mind. I want to be clear: Over the course of Solyndra s loan guarantee, I did no stanley vattenflaska t make any decision based on political considerations, Chu said in testimony prepared for the House Energy and Commerce Committee. Chu is likely to face sharp questions as the energy panel continues a nine-month investigation of Solyndra.In a joint statement, Reps. Fred Upton of Michigan and Cliff Stearns of Florida said they intend to find out how decisions were made to guarantee and lend more than $500 million to Solyndra. Upton chairs the energy panel while Stearns heads a subcommittee on investigations. Solyndra: Energy Dept. sought to delay layoffsWhite House looked at ousting energy secretary We want to find out why the administration restructured the loan after Solyndra had reached a technical default, and how they explain putting private invest stanley cups uk ors in line ahead of taxpayers. And we need to understand how all the warnings, from inside and outside the Department of Energy, were ignored and this risky bet was allowed to happen, Stearns and Upton said.Ch
Treasury Secretary Janet Yellen warned congressional leaders on Friday that the United States is expected to hit the debt limit on Jan. 19 and urged them to raise the debt limit as soon as possible. She said the Treasury Department will start taking necessary steps to keep paying the country s bills, but without congressional action, the United States stanley botella could default as soon as June. I am writing to inform you that beginn stanley cup ing on Thursday, January 19, 2023, the outstanding debt of the United States is projected to reach the statutory limit, Yellen wrote in a letter addressed to House Speaker Kevin McCarthy, Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell and House Minority Leader Hakeem Jeffries. Once the limit is reached, the Treasury will need to start taking certain extraordinary measures to prevent the United States from defaulting on its obligations. This comes after Congress last raised the debt ceiling in December 2021 to more than $31.3 trillion. At the time, Democrats controlled both the House and Senate. But with the new Congress sworn in earlier this month and the House under Republican control, it i stanley mug s unclear whether lawmakers will be able to reach a bipartisan compromise. The last time the House voted to raise the debt limit, all the Republicans except one voted against it. Failing to raise the debt limit would result in the first U.S. credit default in history.It would cause irreparable harm to th Ehya Ted Cruz to launch presidential bid
WASHINGTON - Taking responsibility for a debacle that has embarrassed the Obama administration, Energy Secretary Steven Chu says he made the final decisions on a half-billion-dollar loan to a California solar company that later went bankrupt.Chu, in testimony prepared for delivery Thursday to a House committee, stanley thermos mug said he made all decisions on Solyndra Inc. with the best interests of the taxpayer in mind. I want to be clear: Over the course of Solyndra s loan guarantee, I did no stanley vattenflaska t make any decision based on political considerations, Chu said in testimony prepared for the House Energy and Commerce Committee. Chu is likely to face sharp questions as the energy panel continues a nine-month investigation of Solyndra.In a joint statement, Reps. Fred Upton of Michigan and Cliff Stearns of Florida said they intend to find out how decisions were made to guarantee and lend more than $500 million to Solyndra. Upton chairs the energy panel while Stearns heads a subcommittee on investigations. Solyndra: Energy Dept. sought to delay layoffsWhite House looked at ousting energy secretary We want to find out why the administration restructured the loan after Solyndra had reached a technical default, and how they explain putting private invest stanley cups uk ors in line ahead of taxpayers. And we need to understand how all the warnings, from inside and outside the Department of Energy, were ignored and this risky bet was allowed to happen, Stearns and Upton said.Ch
