Treasury Secretary Janet L. Yellen reiterated on Monday that the USA may run out of cash to pay its payments by June 1 if Congress doesn’t elevate or droop the debt restrict, including to the stress on President Biden and congressional leaders as they race to achieve an settlement to avert a default.
The projection comes a day earlier than Mr. Biden is scheduled to fulfill with Speaker Kevin McCarthy and different prime lawmakers on the White Home after a weekend of staff-level negotiations. The…
