Why it's so hard to pinpoint the X-date, when the US defaults
Briefly

A version of this story appeared in CNN's What Matters newsletter.To get it in your inbox, sign up for free here.For weeks, Treasury Secretary Janet Yellen had been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1.On Friday, she updated that prediction, giving debt ceiling negotiators an extra four days.
Read at www.cnn.com
[
add
]
[
|
|
]