Edition from 2025-03-26, 4 PM UTC
CBO Warns: Treasury Nears Default – Debt Crisis Looms
The CBO warns that the US Treasury’s cash balance is dangerously low, raising the prospect of a default by August unless Congress acts to raise the debt ceiling. This signals a critical fiscal showdown in Washington.
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Number 35% - Decline in U.S. Treasury Reserves
Quote ‘They have nothing to sell but hate’ — Gov. Greg Abbott
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