Yellen Says Raise U.S. Debt Ceiling Now

The video discusses the potential economic consequences of not raising the US debt ceiling, as highlighted by Janet Yellen. It outlines the risks of default, including a financial crisis and market turmoil. The video also covers the political debate in Congress over raising the debt ceiling and the infrastructure bill. Despite the challenges, there is some optimism that a solution will be found before a technical default occurs, although market volatility remains a concern.

What is the significance of the upcoming vote in Congress regarding the debt ceiling?

What did Goldman Sachs predict about the government's ability to pay its bills?