Treasury Secretary Janet Yellen doubled down Monday on her default projection, telling House Speaker Kevin McCarthy (R-CA) the government could reach its debt limit as early as June 1. For the full article, click here.
debt limit
Janet Yellen: U.S. Will Hit Debt Limit Next Week, ‘Extraordinary Measures’ Can Prevent Default
WASHINGTON (AP) — Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default. For the full article, click here.