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The Daily Hodl 2023-05-09 15:30:01

Janet Yellen Warns of Historic Chaos and Dire Consequences if Debt Ceiling Isn’t Raised Again in June

Janet Yellen Warns of Historic Chaos and Dire Consequences if Debt Ceiling Isn’t Raised Again in June

U.S. Treasury Secretary Janet Yellen says the US will tumble into an “economic calamity” if Congress fails to raise the debt ceiling. In a new ABC News interview, Yellen “strongly urges” Congress to raise the ceiling, and projects that the government will run out of cash sometime in early June if it isn’t dealt with. The post Janet Yellen Warns of Historic Chaos and Dire Consequences if Debt Ceiling Isn’t Raised Again in June appeared first on The Daily Hodl .

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