Estimated debt ceiling deadline pushed back to June 5 as talks continue – Reuters
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Treasury Secretary Janet Yellen announced on Friday that the estimated deadline by which the government could start defaulting on its debts has been pushed back from June 1 to June 5, giving negotiators four more days to reach an agreement on raising the national debt ceiling. House Speaker Kevin McCarthy expressed optimism that it will be done in time. CBS News Congressional Correspondent Scott MacFarlane has the latest.
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