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Yellen says US may exhaust cash by Oct. 18 without debt ceiling hike

Yellen says US may exhaust cash by Oct. 18 without debt ceiling hike

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US Treasury Secretary Janet Yellen told lawmakers on Tuesday the government could run out of cash by Oct. 18 unless Congress acts to lift the federal debt limit in advance of the Treasury Department exhausting efforts to preserve resources. “At that point, we expect Treasury would be left with very limited resources that would be.

...read full article on New York Post

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