CBO noted Friday that if the cash flow at the Treasury and the “extraordinary measures” that the department is now using can continue to pay for bills through June 15, the government can probably finance its operations through the end of July.
Debt ceiling: Speaker Kevin McCarthy says 'no progress' ahead of talks Tuesday with President Biden
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Congressional Budget Office said on Friday that there was a “significant risk” that the federal government could run out of cash sometime in the first two weeks of June unless Congress agrees to raise the $31.4 trillion borrowing cap.
Ambitious agenda for Biden on upcoming three-nation Indo-Pacific trip as debt default looms at home
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