Yellen Reveals Debt Default Deadline is Oct 18th

3 years ago
26

Yellen was before congress on Tuesday and gave a hard deadline of October 18th before emergency funding has been depleted and the government defaults on its debt. Further, it seems all guaranteed options to avoid default have been taken off the table. Things could get interesting as it seems both sides of the aisle are unwilling to lose at this high-stakes game of chicken.

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