Janet Yellen said "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." @ PoliticalQuotes.com

On the recordMay 19, 2023

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.

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Democratic · California

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Janet Yellen warns Congress about the impending inability to pay bills due to the debt ceiling.

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May 20, 2023

there will be hard choices to make about what bills go unpaid.

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I think this is an area where congressional legislation is appropriate to create an appropriate prudential framework.

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It certainly does have a disparate impact on different States.

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