Debt ceiling deadline now June 5, giving more time for negotiations

Debt ceiling deadline now June 5, giving more time for negotiations

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Ten days now stand between the U.S. and a catastrophic default on debt. Treasury Secretary Janet Yellen's new estimate moves the so-called "X-date" back to June 5. Even if lawmakers were to reach a deal Friday night, they still may not be able to get it through Congress before the country fails to…

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