Budget Outlook

FILE - Treasury Secretary Janet Yellen takes questions from journalists during a press conference, at the G7 meeting of Finance Ministers and Central Bank Governors, at Toki Messe in Niigata, Japan, Thursday, May 11, 2023. Yellen had informed Congress that the U.S. would reach its $31.4 trillion statutory spending limit in January. Since then, she has deployed “extraordinary measures", a series of financial and legal maneuvers, to prevent the U.S. from defaulting. But those are expected to be exhausted within weeks. (AP Photo/Shuji Kajiyama, Pool) POOL PHOTO

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