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

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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.

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Category
U.S. & Canada
Tags
Debt ceiling, Kevin McCarthy, biden
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