The Congressional Budget Office has stressed that “there is a significant risk that the Treasury will run out of funds at some point in the first two weeks of June.” #CBO #debtceiling #default

thttps://news.bitcoin.com/us-government-faces-significant-risk-of-default-in-june-congressional-budget-office-warns/

#Harvard economics professor Kenneth Rogoff has warned that the U.S. defaulting on its debt obligations could spark a global #financialcrisis . #default #debtceiling

https://news.bitcoin.com/harvard-economics-professor-us-default-could-spark-global-financial-crisis/

#RichDadPoorDad author Robert #Kiyosaki says America is #bankrupt . #debtceiling #default

https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-says-america-is-bankrupt-amid-us-debt-crisis/

#SEC Chair #GaryGensler has warned that a U.S. #default “would have very significant" and "lasting effects" on investors and markets.

https://news.bitcoin.com/sec-chair-warns-us-default-would-have-significant-and-lasting-effects-on-investors-markets/

146 top executives of major companies, including #MorganStanley and #GoldmanSachs , have urged President Joe Biden and congressional leaders to act swiftly to prevent a U.S. #default . #debtceiling

https://news.bitcoin.com/146-top-executives-urge-biden-to-prevent-us-default-warns-of-disastrous-consequences/