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Analysis: Why it’s so hard to pinpoint the X-date, when the US defaults

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(CNN) —For weeks, Treasury Secretary Janet Yellen had been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1. On Friday, she updated that prediction, giving debt ceiling negotiators an extra four days. The Treasury’s new earliest X-date isJune 5. It still may not […]

The post Analysis: Why it’s so hard to pinpoint the X-date, when the US defaults appeared first on The Atlanta Voice.

Source: Home - The Atlanta Voice

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