Debt ceiling deadline is extended to June 5, later than previously estimated, Yellen says

Debt ceiling deadline is extended to June 5, later than previously estimated, Yellen says

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Treasury Secretary Janet Yellen said Friday the projected debt ceiling deadline is extended to June 5, four days later than previously estimated. Yet, Yellen renewed her warning in a letter to Congress that inaction on raising the borrowing limit would “cause severe hardship.” Yellen’s latest…

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