“The Debt Ceiling Crisis: Latest Updates on Possible Default in the United States”

2023-05-15 20:59:28

Lhe United States might be in default as early as June 1 if no agreement is reached in Congress to raise the debt ceiling, Treasury Secretary Janet Yellen warned once more on Monday, reporting updated data. .

This June 1 date was published in early May, and was maintained on Monday, “with additional information now available,” Janet Yellen said in a letter to House Republican Leader Kevin McCarthy. He is due to meet President Joe Biden on Tuesday to try to reach an agreement on the debt ceiling.

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