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CBO: Treasury to face cash crunch in the first 2 weeks of June.

The Congressional Budget Office is out with treasury information as the debt limit negotiations continue. US faces a significant risk of payment default in the 1st 2 weeks of June without a debt limit increaseability to fund government operations will remain uncertain throughout May due to the variability of revenue collections and outlaysTreasury would be unable to make some payments before its cash balance and extraordinary borrowing measures are fully depletedTreasure can probably finance the... Read More

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Cbo

Treasury

Face

Cash

Crunch

First

Weeks

June

Forex

Posted: May 12 2023, 15:05

Author Name: forexlive

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