Republicans Question If Default Is as Close as Yellen Says It Is
- Some House conservatives challenge Yellen’s ‘X-date’ of June 1
- Treasury asks agencies to ensure accurate expense reporting
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House Republicans aren’t buying Treasury Secretary Janet Yellen’s warning that the US government will run out of money as soon as June 1, or her dire predictions of default, undercutting the urgency to raise the debt limit.
“We’d like to see more transparency on how they came to that date,” House Majority Leader Steve Scalise told reporters after a closed meeting on Tuesday. “It looks like they’re hedging now and opening the door to move that date back.”