WASHINGTON — Treasury Secretary Janet L. Yellen stated on Monday that the USA might run out of cash to pay its payments by June 1 if Congress doesn’t increase or droop the debt restrict, placing stress on President Biden and lawmakers to achieve an settlement to keep away from a default.

The warning over when the USA might hit the so-called X-date supplies new urgency for Democrats and Republicans to discover a technique to raise the nation’s borrowing cap and break a standoff that threatens to

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