Russ Vought

Treasury secretary pinpoints June 5 as earliest date for U.S. debt default

BY: - May 26, 2023

WASHINGTON — Republicans in Congress and the Biden administration have until at least June 5 to broker and enact a debt limit bill under new estimates from the Treasury Department, giving negotiators a few more days before the country would default. “Based on the most recent available data, we now estimate that Treasury will have […]