Federal Government Could Run Out of Cash by June 1st If Changes Aren’t Made ASAP

Monday Treasury Secretary Janet Yellen suggested if changes aren’t made asap, the federal government could run out of money by June 1st and default on its upcoming debts.

One of the suggestions that Janet Yellen made was for Congress to raise the nation’s debt ceiling.

CBO says U.S. is likely to run out of cash between July and September : NPR