“Urgent: US Debt Default Looms by June 1 – Congress Must Act, Warns Treasury’s Yellen!”
U.S. Treasury Secretary Janet Yellen has issued a warning that the United States could potentially breach its debt ceiling by June 1 if Congress does not act quickly to raise the nation’s borrowing limit. This comes as a result of Yellen’s review of recent federal tax receipts, and she has urged House Speaker Kevin McCarthy […]