Financial Authorities Warns The Risk Of Us Default In Early August
The US government will fall into the scene of debt on August 1 to and forces the Ministry of Finance to provide the 'special measures' until the National Assembly raises the ceiling of the debt: 00/1: 31 Southern shopping customers at the store in Atlanta, Georgia, USA. Photo: EPA / VNA This is a warning of US Finance Minister Janet Yellen, launched July 23 in the letter to MPs of two Democrats and the Republic in the Masturbation Congress. In the Master, Minister Yellen said Clearly: "If the National Assembly does not suspend or increase the ceiling of public debt before August 2, 2021, the Ministry of Finance will need to apply special additional measures to prevent the United States from falling into the debt scene." Stressing that raising the ceiling of public debt does not increase government spending, but will allow the Ministry of Finance to sponsor activities that have been approved by the National Assembly. According to the US Finance Minister, if the United States cannot Ensuring the debt repayment obligations, the economy will fall into a financial crisis, threatens people's livelihoods
