Senate Recess Could Lead to Catastrophic Default!
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1 year ago
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Stop scrolling! We have some breaking news! Senate Majority Leader Chuck Schumer announced that the Senate will move forward with its planned May recess despite ongoing negotiations between President Joe Biden and House Speaker Kevin McCarthy to avert a debt default. Treasury Secretary Janet Yellen warned that the U.S. will be unable to pay its bills by June 1, with the Senate recess ending May 30. Despite the urgency of the situation, negotiations are progressing slowly. A default would wreak havoc on the economy. Dive deeper into this story, tap the link in our bio.
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