CNN  —  Ahead of a very predicted conference in between President Joe Biden and Congressional leaders on Tuesday, senior Treasury officers reiterated dire warnings of economic “chaos” and “catastrophe” if the US does not increase the personal debt ceiling as the country barrels toward default in early June. “I know […]

Personal debt ceiling watchers have had June 15 circled on their calendars for months now as an crucial date. The vital dilemma: Will the authorities have ample in the financial institution to stay afloat until finally then? A new letter from Treasury Secretary Janet Yellen suggests that her guess is […]

Rapid Information Treasury’s Fiscal Assistance problems personal debt to borrow cash for federal operations, and studies the financial debt on economical statements called the Schedules of Federal Debt. We audit and concern viewpoints per year on the Schedules and on relevant internal controls (e.g., procedures to moderately guarantee that transactions […]