Yellen says debt ceiling deadline is extended to June 5pbs.org/newshour/economy/yellen-says-debt-ceiling-deadline-is-extended-to-june-5
Treasury Secretary Janet Yellen said Friday the projected debt ceiling deadline is extended to June 5, four days later than previously estimated.
Yet, Yellen renewed her warning in a letter to Congress that inaction on raising the borrowing limit would “cause severe hardship.”
Yellen’s latest letter to legislators on the “X-date” came as Congress broke for the long Memorial…
This story appeared on pbs.org, 2023-05-26.