Treasury Secretary Janet Yellen views mid-June as the likely time period when the United States can no longer pay all its obligations without a debt ceiling deal.
During a Sunday appearance on NBC News, Yellen gave her most specific prediction to date as talks between the White House and Congress appear to hit a snag.
“What is the likelihood we can get to the June 15th tax receipts to avoid breaching the debt ceiling? Can you put a percentage on it? Is it 20%, 40%, something like that?” asked “Meet the Press” moderator Chuck Todd.
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“There’s always uncertainty about tax receipts and spending,” Yellen replied. “And so it’s hard to be absolutely certain about this, but my assessment is that the odds of reaching June 15th, while being
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