‘SEVERE HARDSHIP TO AMERICAN FAMILIES’ IF CONGRESS FAILS TO INCREASE DEBT LIMIT, SAYS YELLEN

Sat 27 May 2023: In the midst of ongoing negotiations to extend the debt ceiling, Treasury Secretary Janet Yellen informed Republican House leaders on Friday that the US will run out of money to pay its financial obligations by June 5. The deadline is four days later than previous Treasury Department estimates, and Yellen told … Continue reading ‘SEVERE HARDSHIP TO AMERICAN FAMILIES’ IF CONGRESS FAILS TO INCREASE DEBT LIMIT, SAYS YELLEN