Treasury Secretary Janet Yellen warned that the United States would fall into a recession if Congress doesn’t raise or suspend the federal debt limit before Oct. 18. “It would be catastrophic to not pay the government’s bills,” Yellen, who has issued several warnings about exceeding the debt ceiling to members of Congress in recent weeks, said in a Tuesday interview with CNBC. “I fully expect it would cause a recession as well,” she added, saying she believes Oct. 18, which is just under two weeks away, is the deadline for a U.S. default. After Congress failed to pass a bill to extend the suspension of the debt limit by the end of July, Yellen has for weeks issued warnings to House Speaker Nancy Pelosi (D-Calif.), Senate Majority Leader Chuck Schumer (D-N.Y.), and Senate Minority Leader Mitch McConnell (R-Ky.) that the United States won’t be able to honor its debts by sometime in …