Tag Archives: midDecember

US government could default ‘as soon as mid-December’ without action: Analysts

Treasury Secretary Janet Yellen meets with President Joe Biden to discuss the federal debt limit in October. (Chip Somodevilla/Getty Images) On Tuesday, Treasury Secretary Janet Yellen set Dec. 15 as the latest deadline for when the U.S. could default on government debt. Today, an independent group of analysts at the Bipartisan Policy Center (BPC) have confirmed the deadline, projecting a debt limit “X Date” of when the U.S. will no longer be able to pay its bills as a possibility… Source link

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