Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ
The Treasury Department could run out of money by Oct. 18, triggering a disastrous default on the nation’s debt that would damage the U.S. economy for years to come, Secretary Janet Yellen warned congressional leaders in a new letter on Tuesday morning. Actions the agency is taking to skimp on cash to keep paying the government’s bills on time could be exhausted in just three weeks, she said. “At that point, we expect Treasury would be left with very limited resources that would be depleted quickly,” the secretary wrote. “It…
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