Local implications if debt ceiling negotiations break down
Published Date: 5/23/2023
Source: WCNC
Speaker of the House Kevin McCarthy (R-CA) and President Biden are discussing how to raise the debt ceiling before the U.S. defaults on its debt come June 1st. The discussions are in the 11th hour as Treasury Secretary Janet Yellen warns that the country's deadline is only days away. After June 1st, the U.S. Treasury would have to choose which bills to pay and that could likely affect anyone receiving social security, certain tax credits or even military families. READ MORE: https://www.wcnc.com/article/news/local/local-implications-debt-ceiling-negotiations-break-down/275-2d2c2a52-e22d-44f5-9dbd-1460f0a1821f