Economist Alexander Nazarov predicted that US Treasury funds would run out within a month, noting that only $154 billion remained in the US Treasury account.
The expert said in a message on his Telegram channel today, Friday: “Only $ 154 billion remained on the account of the US Treasury. Payment of salaries to teachers and civil servants.”
The Economist attached the publication to a chart showing the balance of the US Department’s account as of May 10, 2023.
Earlier this week, US President Joe Biden warned that a US default would create difficulties and problems that would affect all parts of the world.
In January last year, the US Treasury notified Congress that it was beginning to apply “extraordinary measures” as a result of raising the debt ceiling to $31.381 trillion.
And US Treasury Secretary Janet Yellen has warned that the government will not be able to continue to meet all of its obligations by June 1, 2023, unless a decision is made on the national debt ceiling.
Source: RT
