Treasury Secretary Yellen Revises Debt Default Date: US Government Could Exhaust Funds by June 5

Treasury Secretary Yellen Revises Debt Default Date: US Government Could Exhaust Funds by June 5

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U.S. Treasury Secretary Janet Yellen has updated her projection regarding the date the U.S. government could default on its debt obligations. She warned that the Treasury “will have insufficient resources to satisfy the government’s obligations if Congress has not raised or suspended the debt…

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