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Janet Yellen says US may run short of cash after June 1 without debt limit hike

Janet Yellen says US may run short of cash after June 1 without debt limit hike

Tue, May 02, 2023

U.S. Treasury Secretary Janet Yellen said in a letter to Congress that the agency will be unlikely to meet all U.S. government payment obligations by “early June.” The debt ceiling could become binding by June 1, she said.

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