Coverage dated April 30, 2023 to May 3, 2023

U.S. debt default month away, Treasury Secretary Janet Yellen warns

Headline from UPI

The United States may enter default earlier than expected unless a compromise can be reached to meet its debt obligations.

UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

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Reports & sources

26 articles, oldest first.

CNN
US could default on its debt as soon as June 1 if Congress doesn't act, Yellen says (opens CNN)
Published Apr 30, 2023
CNN's feed description
The US could default on its obligations as soon as June 1 if Congress doesn't address the debt limit before then, Treasury Secretary Janet Yellen said Monday.
France 24
US may risk debt default 'as early as June 1': Yellen (opens France 24)
Published Apr 30, 2023
France 24's feed description
The United States could run out of money to pay its financial obligations -- risking a catastrophic default -- as early as the start of June, Treasury Secretary Janet Yellen said Monday, as policymakers…
France 24
US could default on debt as soon as June 1 if Congress fails to act, says Yellen (opens France 24)
Published Apr 30, 2023
France 24's feed description
The US Treasury warned on Monday that the federal government could run short of cash to pay all of its bills as soon as June 1 without a debt limit increase, adding urgency to a bitter fiscal fight between…
CBS News
Yellen warns U.S. could default on debt as early as June 1 (opens CBS News)
Published Apr 30, 2023
CBS News's feed description
The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.
Washington Examiner
US could default by June 1 without debt ceiling hike, Yellen warns (opens Washington Examiner)
Published Apr 30, 2023
Washington Examiner's feed description
The Treasury Department warned lawmakers on Monday that without congressional action to lift or suspend the debt limit, the country will be unable to pay its obligations as soon as June 1.
Wall Street Journal
Treasury Chief Janet Yellen Says U.S. Risks Default as Soon as June 1 Without Debt Ceiling Increase (opens Wall Street Journal)
Published Apr 30, 2023
Wall Street Journal's feed description
The new forecast gives Republicans and Democrats a matter of weeks to reach an agreement on raising the nation’s roughly $31.4 trillion borrowing limit.
Triblive
Treasury's Yellen says U.S. could default as soon as June 1 (opens Triblive)
Published Apr 30, 2023
Triblive's feed description
WASHINGTON — Treasury Secretary Janet Yellen notified Congress on Monday that the U.S. could default on its debt as early as June 1, if legislators do not raise or suspend the nation’s borrowing authority before then and avert what could potentially become a global financial crisis. In a letter to
WFMZ Allentown
Treasury's Yellen says US could default as soon as June 1 (opens WFMZ Allentown)
Published Apr 30, 2023
WFMZ Allentown's feed description
Treasury Secretary Janet Yellen has notified Congress that the U.S. could default on its debt as early as June 1, if legislators do not raise or suspend the nation’s borrowing
Reason
The clock is ticking: U.S. could default on debt payments by June 1 (opens Reason)
Published May 1, 2023
Reason's feed description
It's time for President Joe Biden and Speaker of the House Kevin McCarthy to strike a deal that will avoid a default and cut spending.
Local News 8
5 ways a debt default could affect you (opens Local News 8)
Published May 1, 2023
Local News 8's feed description
By Tami Luhby and Elisabeth Buchwald, CNN President Joe Biden and House Republicans may have as little as a month to prevent the US from defaulting on its debt, which would impact millions of Americans and unleash economic and fiscal chaos here and around the world.
Al Jazeera
US Treasury says government may default on debt as early as June (opens Al Jazeera)
Published May 1, 2023
Al Jazeera's feed description
A letter from US Treasury Secretary Janet Yellen warns of potential ‘harm to business and consumer confidence’.
Honolulu Star-Advertiser
Yellen says U.S. could default as soon as June 1 (opens Honolulu Star-Advertiser)
Published May 1, 2023
Honolulu Star-Advertiser's feed description
WASHINGTON >> Treasury Secretary Janet Yellen notified Congress today that the U.S. could default on its debt as early as June 1, if legislators do not raise or suspend the nation’s statutory borrowing authority before then.
UPI
U.S. debt default month away, Treasury Secretary Janet Yellen warns (opens UPI)
Published May 1, 2023
UPI's feed description
The United States may enter default earlier than expected unless a compromise can be reached to meet its debt obligations.
WDIO Duluth
Yellen says US could default as soon as June 1 (opens WDIO Duluth)
Published May 1, 2023
WDIO Duluth's feed description
Treasury Secretary Janet Yellen notified Congress on Monday that the U.S. could default on its debt as early as June 1.
Deutsche Welle
US debt default by June 1, Yellen warns – DW (opens Deutsche Welle)
Published May 1, 2023
Deutsche Welle's feed description
President Biden has invited the four Congressional leaders to meet for discussions on the US not being able to pay its bills as of early June.
NBC News
How a U.S. debt default would affect American households (opens NBC News)
Published May 3, 2023
NBC News's feed description
The potential consequences are already playing out, with borrowing costs for the U.S. government expected to soar in early June.
ABC 7 Los Angeles
Here's how US debt default could affect you (opens ABC 7 Los Angeles)
Published May 3, 2023
ABC 7 Los Angeles's feed description
Millions of Americans who rely on federal payments to make ends meet, could be negatively impacted if the government is unable to pay its bills come June 1.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.