The New Deadline Just Announced When The U.S. Will Default On Its Bills If There Is No Debt Ceiling Agreement

Tonight, the President and lawmakers leaving Washington for the holiday weekend. Without a deal to avert a government default. But now, word the negotiators will have more time. Instead of a June 1st deadline, the treasury Department now says the U.S. will not run out of money to pay its bills until...

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Bibliographic Details
Published inNBC Nightly News
Main Authors Llamas, Tom, Haake, Garrett
Format Transcript
LanguageEnglish
Published New York CQ Roll Call 26.05.2023
Subjects
Agreements
Anniversaries
Criminal sentences
Francis (Pope)
Presidents
United States > US
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Summary:Tonight, the President and lawmakers leaving Washington for the holiday weekend. Without a deal to avert a government default. But now, word the negotiators will have more time. Instead of a June 1st deadline, the treasury Department now says the U.S. will not run out of money to pay its bills until June 5th. And now, the outlines of a deal could be emerging.
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