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Yellen says White House needs Congress to avoid debt default

May 8, 2023

Treasury Secretary Janet L. Yellen on Sunday urged congressional Republicans to drop their demand that President Biden cut spending in exchange for raising the nation’s debt limit ahead of an estimated June 1 default deadline. “These negotiations should not take place with a gun … to the head of the American people,” Yellen said on ABC’s “This Week.”

Article Source: Washington Post

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