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US Treas Sec Yellen reaffirmed June 1 as the “hard deadline” to raise the debt ceiling

US Treas Sec Yellen reaffirmed June 1 as the “hard deadline” to raise the debt ceiling
Yellen spoke on Sunday in the US in an interview on NBC’s “Meet the Press”:“I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June and possibly as soon as June 1. And I will continue to update Congress, but I certainly haven’t changed my assessment. So I think that that’s a hard deadline”Yellen said that will be difficult choices to make if debt ceiling isn't increased:chance of reaching June 15 (when further tax receipt income is due) quite l... Read More
Posted: May 21 2023, 20:22
Author Name: forexlive
Views: 081581

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