Treasury Secretary Janet Yellen warns US will hit debt limit next Thursday – CBS News

Watch CBS News

Treasury Secretary Janet Yellen told lawmakers in Congress that the U.S. will likely hit the debt limit next Thursday, January 19. Javier David, managing editor of business and markets at Axios and a CBS News contributor, discussed what the consequences could be if that happens, and what tools are available to delay a potential default.

Find out first

Receive browser notifications for breaking news, live events and exclusive reports.

Previous articleSouthern California lawmaker shot; the suspect is in custody
Next articleSaturday Six: Kate Winslet Helps Young Journalist, Stinged Cat Recovers and More