Risk of bankruptcy of United States


Washington: The US Treasury Secretary has warned that if the debt limit is not increased, the US will be bankrupt by June 1.

According to reports, the US Treasury Secretary said that Congress should raise the debt ceiling or suspend the ceiling. On the other hand, President Joe Biden will meet with members of Congress on May 9 to save the United States from bankruptcy.

Previously, Silicon Valley Bank and Signature Bank have gone bankrupt in the US.

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