US X-Date Is Now June 5 As Treasury Burns $52BN Cash In One Day, Only $87BN Left
Treasury Department will not have enough money to last until the next corporate tax date on June 15.
Source: readymadeinvest.com
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Treasury Department will not have enough money to last until the next corporate tax date on June 15.
Treasury Secretary Janet Yellen has shifted the date the country could default to June 5, giving House Speaker Kevin McCarthy (R-CA) and the White House a few extra days of breathing room as the two inch closer to a deal to raise the debt limit.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero