Name: U.S. Faces 'Significant Risk' of Running Out of Cash in June
Uploaded: 2023-05-19T18:33:03+00:00
Duration: 12 min 48 s
Description: The 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, setting the United States

11 months ago

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The 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, setting the United States up for a default.
The warning came as the White House and congressional leaders spent the week in negotiations over how to raise the $31.4 trillion borrowing cap.

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