Debt Default ‘X-Date’ Now Set For June 5—Not June 1

Upworthy

26 May 2023 0 shares 1 views

Debt Default ‘X-Date’ Now Set For June 5—Not June 1

Debt Default ‘X-Date’ Now Set For June 5—Not June 1

Upworthy

Published 26 May 2023

Treasury Secretary Janet Yellen unexpectedly marked June 5 as the new deadline for avoiding a debt default in a letter to House Speaker Kevin McCarthy (R-Calif.) on Friday afternoon—not long after GOP leaders indicated their optimism in getting a debt ceiling deal completed despite mounting…

#treasury #janetyellen #kevinmccarthy #treasurydepartment #republicans #patrickmchenry #socialsecurity #medicare #federalfinancingbank

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