04-05-23, 08:18
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US is BROKE - Could Run Out of Cash by 1 June
Debt Ceiling: Janet Yellen Warns US Could Run Out of Cash by 1 June
Yellen Says Treasury Could Be Out of Cash by June
US could hit debt limit by June 1, Janet Yellen warns
Bloomberg News 4 MAY 2023
Treasury Secretary Janet Yellen told US lawmakers that her department's ability to use special accounting maneuvers to stay within the federal debt limit could be exhausted as soon as the start of June.
She's urging both side to either raise or suspend the debt limit.
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