Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter sent Friday.

WASHINGTON—Treasury Secretary Janet Yellen said the U.S. will hit its borrowing limit in the middle of next month, triggering the use of “extraordinary measures” to keep the federal government from defaulting on its obligations.

The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early months of the new Trump administration.

Yellen told Congress her agency will need to start taking "extraordinary measures," or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as Jan. 14.

Janet Yellen warns Congress ‘extraordinary measures’ will be needed to stop US hitting debt limit - Yellen said the treasure will need to take ‘extrodinary measures’ to prevent the nation from hitting

Treasury Secretary Janet Yellen warned congressional leaders Friday that "extraordinary measures" will soon be required to prevent breaching the debt ceiling.