On the recordMay 20, 2023
There can be no acceptable outcomes if the debt ceiling isn't raised, regardless of what decisions we make.
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nbcnews.comThere can be no acceptable outcomes if the debt ceiling isn't raised, regardless of what decisions we make.
Yellen states that failing to raise the debt ceiling will lead to unacceptable consequences.
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I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June, and possibly as soon as June 1st.