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Steven Mnuchin warns Congress the government is running out of money faster than expected

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Treasury Secretary Steven Mnuchin on Friday issued a warning Friday that the US government is at risk of running out of cash sooner than expected. In a letter to Democratic House Speaker Nancy Pelosi, Mnuchin wrote that the US might default on its obligations as soon as early September, before Congress returns from its summer recess. “Based on updated projections, there is a scenario […]

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