PBS NewsHour - Segments

Debt ceiling deadline now June 5, giving more time for negotiations

05.26.2023 - By PBS NewsHourPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Ten days now stand between the U.S. and a catastrophic default on debt. Treasury Secretary Janet Yellen's new estimate moves the so-called "X-date" back to June 5. Even if lawmakers were to reach a deal Friday night, they still may not be able to get it through Congress before the country fails to pay its bills on time. Geoff Bennett discussed more with Leigh Ann Caldwell. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

More episodes from PBS NewsHour - Segments