Financial Crisis Looms: US Could Default by June 1 | #shorts #news

Latest Reports | "Financial Crisis Looms: US Could Default by June 1" | #shorts #news

The United States is confronted with a potential financial crisis if Congress does not raise or suspend the debt ceiling. This is the maximum amount of money that the United States is allowed to borrow, and as outlined by Treasury Secretary Janet Yellen, there is a chance of running out of cash and defaulting on debt as soon as June 1. Yellen has stated that it is impossible to determine an exact date when the Treasury will no longer be able to pay the bills that have been incurred. As an American citizen, this news is alarming and concerning. Not only does it have the potential to cause a financial crisis, but it could also have a damaging effect on the economy and the US dollar. This situation needs to be addressed quickly and efficiently in order to prevent a financial disaster.

[Best Free VPN] Stop the spying, get Proton VPN now and reclaim your online freedom: https://go.getproton.me/SHbl

[-] =================

#DebtCeiling #USDebt #FinancialCrisis #TreasurySecretary #JanetYellen #DebtDefault #AmericanCitizen #Economy #USDollar #FinancialDisaster #RaiseDebtCeiling #SuspendDebtCeiling #PayBills #9news

- Protect Privacy: https://go.getproton.me/SHbl
- Check Our Channel: https://bit.ly/3ukvRk7
- Instagram Page: https://bit.ly/gen_z_news
- Twitter Page: https://bit.ly/genznews

[ This video made with TubeBuddy ]
Join for free now: https://www.tubebuddy.com/genznews

[-] =================

Copyright: This video was made with the Fair Use Policy. Text and Images are used for knowledge purposes only. Text and Images Credit: Inshorts

[-] =================

Related Queries:

US Debt Ceiling,
US Financial Crisis,
Janet Yellen Debt Ceiling,
US Default on Debt,
Debt Ceiling Impact on Economy,
US Dollar Crisis