Yellen extends earliest potential US default date to June 5
- U.S. Politics
- Reuters
- Published Date: 11:37 | 26 May 2023
- Modified Date: 11:37 | 26 May 2023
U.S. Treasury Secretary Janet Yellen on Friday extended the deadline for raising the federal debt limit, saying the government could default on its debt as early as June 5 without increasing the country's $31.4 trillion debt ceiling.
Yellen had previously put that date as in early June, or potentially as early as June 1.