Treasury Sec. now says the federal government could run out of money to pay its bills by June 5, pushing back the date of potential default by four days. 'Based on the most recent available data, we now estimate that Treasury will have insufficient resources to satisfy the government's obligations if has not raised or suspended the debt limit by June 5,' Yellen wrote in a letter to Congress Friday afternoon. As and House negotiators remain far apart on a deal, this buys them a few extra days to hash out their differences.
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