Huge Treasury cash pile might delay debt limit ‘drop-dead’ date ...Middle East

The Treasury Department on Wednesday made its perennial plea to lawmakers for timely action to avoid hitting the nation’s borrowing cap, after which the agency would only be able to finance government operations out of cash on hand and whatever tax receipts come in each day. But Treasury is projecting that the cash balance will […] The post Huge Treasury cash pile might delay debt limit ‘drop-dead’ date appeared first on Roll Call.

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