Secretary of the Treasury Janet Yellen Sends Letter to Congressional Leadership on the Debt Limit: “After reviewing recent federal tax receipts, our best estimate is that we will be unable to continue to satisfy all of the government’s obligations by early June, and potentially as early as June 1.”
by Dismal-Jellyfish Source: https://home.treasury.gov/system/files/136/Debt_Limit_Letter_Congress_Members_05012023.pdf Dear Mr. Speaker: I am writing to follow up on my previous letters regarding the debt limit and to provide additional information regarding the Treasury Department’s ability to continue to finance the operations of the federal government. …