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The U.S. could run out of cash to pay its bills by June 1, Yellen warns Congress

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Treasury Secretary Janet Yellen, seen here on April 13, warned on Monday that the federal government could default on its debt as early as June 1 unless Congress raises or suspends the debt ceiling. (AFP via Getty Images)
Treasury Secretary Janet Yellen, seen here on April 13, warned on Monday that the federal government could default on its debt as early as June 1 unless Congress raises or suspends the debt ceiling. (AFP via Getty Images)

This article was originally published on May 01, 2023.

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