*U.S. TREASURY COULD RUN OUT OF MONEY BY JUNE 5 WITHOUT DEBT CEILING DEAL: YELLEN 🇺🇸🇺🇸
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Treasury's Yellen says June 5 is last date for debt ceiling to be raisedU.S. Treasury Secretary Janet Yellen on Friday set a deadline for raising the federal debt limit, saying the government would default if Congress does not increase the $31.4 trillion debt ceiling by June 5.
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Yellen Warns Treasury to Run Out of Funds June 5, Urges Deal ‘As Soon As Possible’Treasury Secretary Janet Yellen announced Friday the government could breach its debt limit on June 5 if a debt deal is not reached in time.
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Debt ceiling deadline estimate extended another four daysTreasury Secretary Janet Yellen has moved the deadline for government payments to June 5.
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Treasury sets new potential debt default deadline of June 5Treasury Secretary Janet Yellen on Friday issued a new letter to Congress estimating that the government won't be at risk of running out of money to pay all its bills until June 5 -- slightly later than the agency's previous estimate of as soon as June 1. 'Based on the most recent available data, we now estimate that Treasury will have insufficient resources to satisfy the government's obligations if Congress has not raised or suspended the debt limit by June 5,' Yellen wrote.
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Markets don't believe Yellen's June 1 X-date for US debt: Jim BiancoMarkets don't believe Yellen's warning that the US government will be out of money by June 1, Jim Bianco says
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Yellen says government could run out of cash by June 5 without debt ceiling agreementYellen has sent Congress several warnings that the Treasury will run out of cash to pay all of the government's obligations in early June
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