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Increased (quite a bit) than 2011.
Supply: Alec Phillips and Tim Krupa (Goldman Sachs, Might 1, 2023).
They write “…at this level, we nonetheless assume the Treasury is extra probably than not to have the ability to pay all of its payments till late July with out a rise within the debt restrict.
Nevertheless, there’s a good likelihood that the Treasury’s money stability will dip as little as $25-30bn for a couple of days in June.”
Yellen says June 1 is a doable x-date. CBO says someday in June will not be unlikely.
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