Pantheon Macroeconomics - Treasury Secretary Mnuchin's five-line letter to
House Speaker Pelosi on last Friday--copied to other Congressional leaders--which said that "there is a scenario in which we run out of cash in early September, before Congress reconvenes", introduces a new element of uncertainty to the debt ceiling story.

U.S. | 15 July 2019 Early Resolution to the Debt Ceiling would Raise Growth Forecasts
Treasury Secretary Mnuchin's five-line letter to House Speaker Pelosi on last Friday--copied to other Congressional leaders--which said that "there is a scenario in which we run out of cash in early September, before Congress reconvenes", introduces a new element of uncertainty to the debt ceiling story.

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15 July 2019 Early Resolution to the Debt Ceiling would Raise Growth Forecasts

By Ian Shepherdson

Treasury Secretary Mnuchin's five-line letter to House Speaker Pelosi on last Friday--copied to other Congressional leaders--which said that "there is a scenario in which we run out of cash in early September, before Congress reconvenes", introduces a new element of uncertainty to the debt ceiling story.

Posted: 15th Jul 2019 in 'U.S.'

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