{"id":84625,"date":"2023-05-02T00:19:27","date_gmt":"2023-05-02T04:19:27","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84625"},"modified":"2023-05-02T00:09:16","modified_gmt":"2023-05-02T04:09:16","slug":"the-u-s-could-hit-the-debt-ceiling-by-june-1-much-sooner-than-expected-yellen-warns","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2023\/the-u-s-could-hit-the-debt-ceiling-by-june-1-much-sooner-than-expected-yellen-warns.html","title":{"rendered":"The U.S. could hit the debt ceiling by June 1, much sooner than expected, Yellen warns"},"content":{"rendered":"\n<p>(CNBC) Treasury Secretary Janet Yellen on Monday <a rel=\"noreferrer noopener\" href=\"https:\/\/home.treasury.gov\/system\/files\/136\/Debt_Limit_Letter_Congress_Members_05012023.pdf\" target=\"_blank\">warned<\/a> that the United States may run out of measures to pay its debt obligations by June 1, earlier than the government and Wall Street had been expecting. In a letter to\u00a0House\u00a0Speaker Kevin\u00a0McCarthy, Yellen said new data on tax receipts forced the department to move up its estimate of when the Treasury Department \u201cwill be unable to continue to satisfy all of the government\u2019s obligations\u201d to potentially as early as June 1, if\u00a0Congress\u00a0doesn\u2019t raise or suspend the debt limit before then.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/05\/01\/treasury-debt-limit-measures-may-run-out-by-june-1-yellen-says-in-letter-to-mccarthy.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Treasury Secretary Janet Yellen on Monday warned that the United States may run out of measures to pay its debt obligations by June 1, earlier than the government and Wall Street had been expecting. In a letter to\u00a0House\u00a0Speaker Kevin\u00a0McCarthy, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84625","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84625"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84625\/revisions"}],"predecessor-version":[{"id":84626,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84625\/revisions\/84626"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}