US Quickly Running Out of Cash

http://sorendreier.com/us-quickly-running-out-of-cash/

Treasury Secretary Jacob Lew said the government would fail to meet its financial obligations and will be left with just $30 billion cash on hand “no later” than Oct. 17.

...

That small amount of money could make it difficult, or even impossible for the government to pay the roughly $55 billion in Social Security, Medicare and military payments due Nov. 1.

E-mail me when people leave their comments –

You need to be a member of Earthchangers College to add comments!

Join Earthchangers College

Blog Topics by Tags

Monthly Archives