The U.S. recognized the risk of default by June 1 because of t | 💹 Review ELM EA [Results]

The U.S. recognized the risk of default by June 1 because of the huge debts. Joe Biden is calling an emergency meeting with congressional leaders amid this risk.

The U.S. government could run out of emergency measures due to reaching the national debt ceiling by June 1, U.S. Treasury chief Janet Yellen told Congress. She is confident of the economic consequences of inaction, warning that it could cause serious hardship for American families and damage "U.S. global leadership."