Debt ceiling: Janet Yellen warns US could hit debt ceiling by 1 June #Debt #ceiling #Janet #Yellen #warns #hit #debt #ceiling #June

In a letter to members of Congress on Tuesday, Ms Yellen said that “We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States.”

#Debt #ceiling #Janet #Yellen #warns #hit #debt #ceiling #June

Leave a Reply

Your email address will not be published. Required fields are marked *