$S&P 500 Index (.SPX.US)$$Invesco QQQ Trust (QQQ.US)$$SPDR D...
$S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ Treasury Secretary Janet Yellen warns that requirement in Biden's infrastructure bill could hasten U.S. default on debt
In a letter to top lawmakers, Ms. Yellen projected that after Dec. 15, there are scenarios in which the Treasury could have “insufficient resources to continue to finance the operation of the U.S. government.”
Ms. Yellen added that she has “a high degree of confidence” in the Treasury’s ability to make debt payments through Dec. 15. That’s two weeks longer than her initial forecast of Dec. 3.
More money coming in? More pump?
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