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Janet Yellen Warns Of 'Economic Calamity' If Debt Ceiling
Published : 2023-05-08 - Duration : 01:10 - View : 2
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Treasury Secretary Janet Yellen is warning of the possibility of the government defaulting, potentially as early as June 1, if the debt ceiling isn't suspended or raised.The Treasury could run out of cash as early as June 1st and has exhausted all “extraordinary measures” to avert the crisis, Yellen said on ABC's “This Week” on Sunday."We h...
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