Congress has only weeks to pass a bill to raise the US government's debt ceiling and avoid a technical default. The US Treasury will have"almost zero cash going into September" if Congress does not act, according to an analysis by Capital Economics, a research group. Currently, the Treasury is down to its last $215 billion.
Congress has only weeks to pass a bill to raise the US government's debt ceiling and avoid a technical default. The US Treasury will have"almost zero cash going into September" if Congress does not act, according to an analysis by Capital Economics, a research group. Currently, the Treasury is down to its last $215 billion.
They elected a serial bankruptor and surprise, the government runs out of money