Time is running out, debt ceiling must be raised in June, US Treasury Secretary says

2023-05-02 04:23:18

The US Congress will have to raise the debt ceiling in June. It is even possible that action must be taken before that time. According to the Ministry of Finance, after June 1, 2023, there is a real risk that the money will run out. This is what US Treasury Secretary Janet Yellen wrote in a letter to Speaker of the House of Representatives Kevin McCarthy on Monday.
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