Yellen outlines to Congress emergency measures on debt limit

  • FILE - In this July 12, 2021 file photo, U.S. Treasury Secretary Janet Yellen prepares to speak during a meeting of eurogroup finance ministers at the European Council building in Brussels. Yellen told Congress on Friday, July 23, that she will start taking emergency measures next week to keep the government from an unprecedented default on the national debt. (AP Photo/Virginia Mayo, File)

WASHINGTON — Treasury Secretary Janet Yellen told Congress on Friday that she will start taking emergency measures next week to keep the government from an unprecedented default on the national debt, warning that a default would cause “irreparable harm to the U.S. economy and the livelihoods of all Americans.”

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