Loading...
Market
What will be the outcome of U.S. debt ceiling negotiations by June 30, 2025?
2
Resolution / Starting Odds
Debt ceiling raised • 33%
Temporary suspension of debt ceiling • 33%
Debt ceiling not addressed • 34%
Official announcements from the U.S. Congress or major news outlets
Story
U.S. Treasury to Use Extraordinary Measures on January 21 to Avoid $36 Trillion Debt Limit Breach
Jan 17, 2025, 10:11 PM
Outgoing U.S. Treasury Secretary Janet Yellen has announced that the Treasury Department will begin implementing 'extraordinary measures' on January 21 to avoid breaching the U.S. debt limit. This action comes as the U.S. government is set to reach its statutory borrowing limit of approximately $36 trillion on the same day. Yellen urged Congress to act promptly to protect the full faith and credit of the United States, highlighting the uncertainty in how long these measures can sustain government operations. The measures include suspending investments in the Civil Service Retirement and Disability Fund and the Postal Service Retiree Health Benefits Fund, which will be replenished once Congress addresses the debt ceiling.
View original story
Similar markets
No resolution, extraordinary measures continue • 25%
No action taken • 25%
Other • 25%
Debt ceiling raised • 25%
Debt ceiling suspended • 25%
Other legislative action • 25%
No resolution reached • 25%
Debt ceiling suspended • 25%
Debt ceiling raised • 25%
Extraordinary measures extended • 25%
Debt ceiling raised • 25%
U.S. defaults • 25%
Debt ceiling suspended • 25%
Unchanged • 25%
Other • 25%
Extended • 25%
Abolished • 25%
Government default • 25%
Debt ceiling suspended • 25%
Debt ceiling raised • 25%
Other resolution • 25%
Debt ceiling extended • 25%
Other legislative solution • 25%
Debt ceiling unchanged • 25%
Debt ceiling abolished • 25%
No agreement reached • 25%
Partisan agreement with concessions • 25%
Bipartisan agreement reached • 25%
Other • 25%
No change • 25%
Extended with a different date • 25%
Extended to 2029 • 25%
Abolished • 25%
Other outcome • 25%
Debt ceiling raised • 25%
Debt ceiling abolished • 25%
Debt ceiling unchanged • 25%
Temporary extension • 25%
No resolution • 25%
Debt ceiling increased • 25%
Debt ceiling remains unchanged • 25%
Increased • 25%
Unchanged • 25%
Abolished • 25%
Suspended • 25%
Debt ceiling suspended • 25%
Debt ceiling raised • 25%
Extraordinary measures initiated without raising/suspending • 25%
Other outcomes • 25%