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Treasury Secretary Urges Congress To Lift Debt Ceiling

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According to a report by Bloomberg News on Monday, two sources familiar with the talks claim that United States Treasury Secretary Steven Mnuchin has asked Republican leaders in Congress to raise the federal government's debt ceiling by February 28th. The nonpartisan Congressional Budget Office has said that the US Treasury Department will exhaust all of its borrowing options and run out of funds needed to pay its bill by late March of early April if Congress fails to act and raise its borrowing authority by then.

Added on the 08/01/2018 12:21:59 - Copyright : Wochit

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