Debt Ceiling Battle & U.S. Default Warnings from Janet Yellen and the Democrats
The U.S. is in a precarious financial position and the debt limit ceiling deadline looms, prompting democrats to scramble in a battle with Republicans.
🔵 The U.S. debt ceiling is scheduled to hit in October as Democrats fight Republicans for a raise.
🔵 Senator Elizabeth Warren is upset that Republicans are refusing to comply.
🔵 Florida Senator Rick Scott explains the Republican’s refusal to negotiate.
🔵 Janet Yellen warns that the US may not be able to pay its bills if the debt ceiling is not raised, warning of a default.
🔵 Democrats fight over more spending, as Nancy Pelosi promises an infrastructure vote this week.
🔵 Two cheating Federal Reserve Presidents (Robert Kaplan and Eric Rosengren) abandon ship amidst economic turmoil and problematic stock purchases.
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