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美财长称国会必须在10月18日之前解决债务问题

Us Treasury Secretary says Congress must resolve the debt problem by October 18

央視網 ·  Sep 28, 2021 07:31

Original title: us Treasury Secretary says Congress must resolve debt problems by October 18 Source: CCTV News client

On September 28, local time, U.S. Treasury Secretary Janet Yellen said in a letter to House Speaker Nancy Pelosi that Congress had less than three weeks to solve America's debt problem. If the debt problem cannot be solved by October 18, the United States will suffer a serious economic disaster as a result.

The debt problem will seriously damage business and consumer confidence, raise borrowing costs for taxpayers, and have a negative impact on the credit rating of the United States in the coming years, the letter said. Yellen stressed that if Congress does not act in a timely manner, it could also lead to serious chaos in financial markets, exacerbate economic volatility and erode investor confidence.

Yellen will testify in the U.S. Senate on the morning of the 28th local time. In a separate statement, she warned that the US government would shut down by the end of September if Congress failed to approve new funding or appropriation bills. In this case, government agencies must fire thousands of federal employees and operate with limited capacity until funding is restored.

The U.S. Treasury estimates that even if the Biden administration does not pass a new spending plan in 2021, members of Congress will still have to raise or suspend the debt ceiling in October. (CCTV reporter Liu Xiaoqian)

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