Download
U.S. may exhaust funds by Oct. 18 unless debt limit raised: Yellen
CGTN

The U.S. Treasury is likely to exhaust measures to keep funding the government on October 18, and will run out of cash unless Congress raises the federal borrowing cap, Treasury Secretary Janet Yellen warned Tuesday. 

After the date, "Treasury would be left with very limited resources that would be depleted quickly. It is uncertain whether we could continue to meet all the nation's commitments after that date," she said.

Source(s): AFP

Search Trends