Debt ceiling must be raised by June 5 to avoid default, new warning says
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Debt ceiling must be raised by June 5 to avoid default, new warning says
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Debt ceiling must be raised by June 5 to avoid default, new warning says
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Debt ceiling must be raised by June 5 to avoid default, new warning says
Description
May 26, 2023
With a deal still not reached on raising the debt ceiling, Treasury Secretary Janet Yellen told Congress in a letter on Friday that the country could start defaulting on its bills June 5. Though the date is an extension of the original date of June 1, Yellen still urged lawmakers to find a deal quickly before the deadline.
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Debt ceiling must be raised by June 5 to avoid default, new warning says01:31 | May 26, 2023
-
Managing your budget for Black Friday and holiday shopping05:17 | 3 hours ago
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Canada’s inflation ticked up to 2% in October01:57 | November 19, 2024
-
Canada’s inflation rate rose to 2 per cent in October01:46 | November 19, 2024
-
Taylor Swift ticket scam swindles 400 people out of $300k03:07 | November 18, 2024
-
Canada grapples with postal and port labour disputes06:32 | November 16, 2024
-
‘Fight fire with fire’: Poilievre vows to counter Trump economic policies, U.S. tariffs on Canada04:26 | November 16, 2024
-
Business Matters: Canada Post strike looms as negotiations continue02:12 | November 13, 2024
-
How Trump’s ‘America First’ policy could affect Canada02:12 | November 8, 2024
-
Business Matters: Stocks, bitcoin surge after Trump wins election01:56 | November 6, 2024
-
Canada has a new toonie, and it celebrates Inuit culture00:21 | November 5, 2024
-
Business Matters: Canada to require oil, gas companies to cut carbon emissions by one-third02:01 | November 4, 2024
-
Monthly food bank use in Canada soars to record 2 million: report01:31 | October 28, 2024
-
Financial frights: Scary money mistakes costing you cash05:16 | October 28, 2024
-
By the numbers: How the interest rate cut will affect your variable mortgage04:23 | October 24, 2024
-
Your Money: Breaking down the latest Bank of Canada interest rate decision04:52 | October 24, 2024
-
Bank of Canada cuts key rate by 50 basis points in oversized step01:45 | October 23, 2024
-
Business Matters: A patchwork of progress on climate at life insurance giants: report02:16 | October 23, 2024
-
Business Matters: Bank of Canada expected to make large rate cut on Wednesday02:20 | October 21, 2024
-
Good vs. Bad Debt: What borrowers need to know04:23 | October 17, 2024
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European Central Bank cuts key rate to lowest level in 3 years, stocks stay elevated00:30 | October 17, 2024
-
CRA fires 330 employees for inappropriately claiming CERB01:10 | October 17, 2024
-
Your Money: Will the Canadian loonie ever reach parity?05:09 | October 17, 2024
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TD Bank fined $3B U.S. in money-laundering case03:52 | October 13, 2024
-
Your Money: Older Canadians working longer to support children05:21 | October 10, 2024
-
Business Matters: TD Bank to pay more than US$20M over ‘spoofing’ charges02:27 | October 1, 2024
-
Here’s why coffee prices are set to spike02:08 | September 26, 2024
-
Your Money: Closing the gap on pay equity05:26 | September 26, 2024
-
Keyspire Investment Summit05:40 | September 23, 2024
-
Read the fine print on those outstanding mortgage deals01:40 | September 20, 2024
-
Business Matters: ‘Exceptional’ mortgage rates spotted in Canada after U.S. Fed rate cut02:06 | September 20, 2024
-
$80M Lotto Max jackpot split between two winning tickets00:28 | September 19, 2024
-
Debt ceiling must be raised by June 5 to avoid default, new warning says01:31 | May 26, 2023
-
Managing your budget for Black Friday and holiday shopping05:17 | 3 hours ago
-
Canada’s inflation ticked up to 2% in October01:57 | November 19, 2024
-
Canada’s inflation rate rose to 2 per cent in October01:46 | November 19, 2024
-
Taylor Swift ticket scam swindles 400 people out of $300k03:07 | November 18, 2024
-
Canada grapples with postal and port labour disputes06:32 | November 16, 2024
-
‘Fight fire with fire’: Poilievre vows to counter Trump economic policies, U.S. tariffs on Canada04:26 | November 16, 2024
-
Business Matters: Canada Post strike looms as negotiations continue02:12 | November 13, 2024
-
How Trump’s ‘America First’ policy could affect Canada02:12 | November 8, 2024
-
Business Matters: Stocks, bitcoin surge after Trump wins election01:56 | November 6, 2024
-
Canada has a new toonie, and it celebrates Inuit culture00:21 | November 5, 2024
-
Business Matters: Canada to require oil, gas companies to cut carbon emissions by one-third02:01 | November 4, 2024
-
Monthly food bank use in Canada soars to record 2 million: report01:31 | October 28, 2024
-
Financial frights: Scary money mistakes costing you cash05:16 | October 28, 2024
-
By the numbers: How the interest rate cut will affect your variable mortgage04:23 | October 24, 2024
-
Your Money: Breaking down the latest Bank of Canada interest rate decision04:52 | October 24, 2024
-
Bank of Canada cuts key rate by 50 basis points in oversized step01:45 | October 23, 2024
-
Business Matters: A patchwork of progress on climate at life insurance giants: report02:16 | October 23, 2024
-
Business Matters: Bank of Canada expected to make large rate cut on Wednesday02:20 | October 21, 2024
-
Good vs. Bad Debt: What borrowers need to know04:23 | October 17, 2024
-
European Central Bank cuts key rate to lowest level in 3 years, stocks stay elevated00:30 | October 17, 2024
-
CRA fires 330 employees for inappropriately claiming CERB01:10 | October 17, 2024
-
Your Money: Will the Canadian loonie ever reach parity?05:09 | October 17, 2024
-
TD Bank fined $3B U.S. in money-laundering case03:52 | October 13, 2024
-
Your Money: Older Canadians working longer to support children05:21 | October 10, 2024
-
Business Matters: TD Bank to pay more than US$20M over ‘spoofing’ charges02:27 | October 1, 2024
-
Here’s why coffee prices are set to spike02:08 | September 26, 2024
-
Your Money: Closing the gap on pay equity05:26 | September 26, 2024
-
Keyspire Investment Summit05:40 | September 23, 2024
-
Read the fine print on those outstanding mortgage deals01:40 | September 20, 2024
-
Business Matters: ‘Exceptional’ mortgage rates spotted in Canada after U.S. Fed rate cut02:06 | September 20, 2024
-
$80M Lotto Max jackpot split between two winning tickets00:28 | September 19, 2024
Debt ceiling must be raised by June 5 to avoid default, new warning says
Description
May 26, 2023
With a deal still not reached on raising the debt ceiling, Treasury Secretary Janet Yellen told Congress in a letter on Friday that the country could start defaulting on its bills June 5. Though the date is an extension of the original date of June 1, Yellen still urged lawmakers to find a deal quickly before the deadline.
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