I saw this news report that said the US Treasury department announced that the US government could run out of money by October 18th if Congress does not raise or suspend the debt limit.
This will be the first time in US history the country would go into default.
This potential default could affect millions of Americans across the country resulting in seniors to stop receiving their social security payments or see them delayed, US troops would not know when their paychecks will come, and over 30 million families that rely on child tax credit will not receive payments on time or at all.
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