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Posted: 2023-05-23T18:50:49Z | Updated: 2023-05-23T18:50:49Z

One Republican representative says Treasury Secretary Janet Yellen should be hauled before Congress to explain herself. Another accuses her of narrative building.

Yellens alleged offense? Lying about whether the Treasury will be unable to pay the governments bills as of June 1.

Yet Yellens never actually said June 1 was the drop dead date.

As recently as Monday , Yellen repeated her projection that the Treasury would run out of borrowing room under the current debt ceiling by early June, and potentially as early as June 1.

The Treasury Department receives and spends massive amounts of money each day on its way to spending $6.27 trillion annually. Its been dancing around the debt limit since January, using various accounting extraordinary measures to stay below it and avoid triggering a global economic crisis.