U.S. Faces ‘Significant Risk’ of Running Out of Cash in June, Budget Office Warns

A default would cause financial distress, economic disruptions and rapid increases in borrowing rates, the nonpartisan Congressional Budget Office said.

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U.S. Faces ‘Significant Risk’ of Running Out of Cash in June, Budget Office Warns
A default would cause financial distress, economic disruptions and rapid increases in borrowing rates, the nonpartisan Congressional Budget Office said.

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