Tax Day cash will indicate just how close the U.S. is to default
The question of when the U.S. could default will come into sharp relief this week when the Treasury reveals how big its tax take is likely to be.
Source: accountingtoday.com
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Tax day cash will indicate just how close U.S. is to default
With the political battle over the statutory debt ceiling set to amp up again, the Treasury's tax receipts will give a clearer idea of how much cash it will have on hand as it approaches the limits imposed by the $31.4 trillion cap.
Source: pressherald.com