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.
Catherine Watson
Thanks for reading CBS News.
Create your free account or login
for more features.
[ad_2]
