The U.S. Treasury Secretary said that the United States will default before June 5 if the authorities do not take the necessary action. Janet Yellen In his letter to Congress. At the same time, the head of the Ministry of Finance had previously named the deadline for applications as June 1.
“Based on the most recent data available, we expect the Treasury to not have sufficient funds to issue government bonds on June 5,” the Treasury Department said in a letter.
The head of the Treasury Department demanded that Congress immediately resolve the national debt limit issue. The American television channel CNN has started a countdown to a possible default in the background of statements about the state of the US economy.
The International Monetary Fund has rated the United States’ public debt situation as “sustainable” and said it is still far from panic at the moment. At the same time, the IMF supported Yellen’s call to raise or suspend the national debt ceiling. Head of the IMF Kristalina Georgieva He said Congress should urgently start discussing the US 2024 budget.
Former Speaker of the House of Representatives Kevin McCarthy He said the United States could default in ten days due to the president’s inaction. Joe Bidena.
Source: Riafan
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