Cash in America may end by June 1; Treasury Secretary Janet Yellen expressed concern

Updated: May 02, 2023, 05:21 PM IST
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The US economy is passing through the most difficult times. MoreThe US economy is going through its toughest phase since the 2008 housing crisis. Treasury Secretary Janet Yellen sounded an ominous warning on Monday about another problem. That said, if the debt ceiling is not raised by Congress, the US could be out of money by June 1.