The Republican sought after Bankruptcy for the US is coming on October 18th, 2021. A country that has always been know for paying it's bills and has never before defaulted on a financial transaction is getting ready to join the likes of a lot of people living in the US today, borrow and spend but never pay anything back.
U.S. could hit the debt ceiling on October 18, Janet Yellen says (msn.com)
"If the debt limit isn’t raised by Oct. 18, Yellen warned, “the full faith and credit of the United States would be impaired, and our country would likely face a financial crisis and economic recession."
Yellen warns delay in raising debt limit will slow economy (timesunion.com)
U.S. could hit the debt ceiling on October 18, Janet Yellen says (msn.com)
"If the debt limit isn’t raised by Oct. 18, Yellen warned, “the full faith and credit of the United States would be impaired, and our country would likely face a financial crisis and economic recession."
Yellen warns delay in raising debt limit will slow economy (timesunion.com)