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Treasury Secretary Yellen extends debt default deadline to June 5

Washington Today (5-26-23): Treasury Secretary Yellen extends debt default deadline to June 5

USA Politics

Treasury Secretary Janet Yellen sends a letter to House Speaker Kevin McCarthy saying she now estimates that the U.S. will be unable to pay all of its obligations on June 5th if the debt ceiling is not raised. It’s a change from her previous estimate of “as soon as” June 1st.

Credit C-SPAN

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