Janet Yellen says the debt ceiling deadline is now June 5

Sources say that the Hadddin deal is close

Sources say negotiators on a debt limit appear to be closing in on a deal


Treasury Secretary Janet Yellen on Friday projected a new “X” date — when the country will come to an end debt limit – It’s June 5th.

“Based on the most recent data available, we now estimate that the Treasury Department will not have sufficient resources to meet government obligations if Congress does not raise or suspend the debt limit by June 5.” wrote in a message Speaker of the House Kevin McCarthy.

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