Congress can't raise the debt ceiling and avoid economic crisis because Republicans want spending cuts. Janey Yellen said Treasury may not be able to delay a default past June 1. Republican Rep. Byron ...
The Treasury warned on Monday that the federal government could run short of cash to pay all of its bills as soon as June 1 without a debt limit increase, adding urgency to a bitter fiscal fight ...
(CNN) — Treasury Secretary Janet Yellen reaffirmed June 1 as the “hard deadline” for the US to raise the debt ceiling or risk defaulting on its obligations. “I indicated in my last letter to Congress ...
Treasury Secretary Janet Yellen sent a letter to House and Senate leaders on Monday, informing them that if legislators don't raise the debt ceiling, the United States could run out of money to pay ...
Treasury Secretary Janet Yellen said that the government could run out of money as soon as June 1. In a letter to House Speaker Kevin McCarthy, Yellen urged Congress to raise the debt ceiling.
If Congress does not address the debt ceiling by June 5, the US Treasury Department will not have enough funds to pay all of the nation’s obligations in full and on time, Treasury Secretary Janet ...
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