Alpine Macro Blog The Fiscal Deficit Must Go To Zero Without A Debt Ceiling Increase

The U.S. Treasury’s cash balance is dwindling and the X-date will occur in early June. That’s when the Treasury will no longer be able to meet all its spending commitments. What if the X-date is breached without a deal to raise the debtceiling? The post The Fiscal Deficit Must Go To Zero Without A Debt Ceiling Increase appeared first on Alpine Macro.