US Government debt alerts again
02 MIN 00 SEC
THE NORTH / Staff
Monterrey, Mexico (May 10, 2025) .-05:00 hrs
The Treasury Department said it would likely run out of cash to pay the US government's bills in August. Credit: AFP
The Treasury Department signaled yesterday that it would likely run out of cash to pay the U.S. government's bills in August, setting a new, firmer deadline for Congress to act and avoid a catastrophic default on the more than $36 trillion U.S. debt, Politico reported.
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