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#swiftly — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #swiftly, aggregated by home.social.

  1. U.S. must raise debt limit by as early as June 1 to avoid default, Treasury says

    The U.S. government could default “as early as June 1” unless Congress raises or suspends the #debt #ceiling, according to the #Treasury #Department, which implored lawmakers again on Monday to #act #swiftly to avert a fiscal crisis.

    The new estimate followed less than a week after House Republicans delivered on their pledge to try to leverage the looming deadline to secure spending cuts, defying President Biden and officially touching off a political #stalemate that could tip the fragile economy into another #recession.

    washingtonpost.com/business/20