{"id":32715,"date":"2023-05-03T14:39:11","date_gmt":"2023-05-03T14:39:11","guid":{"rendered":"https:\/\/lynettelockhart.com\/client\/u-s-treasury-official-says\/"},"modified":"2023-05-03T14:44:46","modified_gmt":"2023-05-03T14:44:46","slug":"u-s-treasury-official-says","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/u-s-treasury-official-says\/","title":{"rendered":"U.S. Treasury official says June 1 default scenario is &#8216;best estimate&#8217; but variable"},"content":{"rendered":"<p>WASHINGTON (Reuters) &#8211;     The U.S. Treasury&#8217;s estimate that it could run short of cash to satisfy all U.S. payment obligations as early as June 1 is its &#8220;best estimate&#8221; based on recent tax receipts, Treasury Assistant Secretary for Financial Markets Joshua Frost said on Wednesday. <\/p>\n<p>He told a news conference after Treasury&#8217;s quarterly  refunding announcement: &#8220;Receipts and outlays are just inherently variable, and the actual date will depend on realized receipts and outlays, and the date on which we have exhausted our resources could be a number of weeks later than those estimates.&#8221;<\/p>\n<p \/>\n<p> (Reporting by David Lawder; Editing by Chizu Nomiyama)<\/p>\n<p><a href=\"https:\/\/lynettelockhart.com\/client\/u-s-treasury-official-says\/file-photo-the-united-states-department-of-the-treasury-is-3\/\"><img decoding=\"async\" src=\"https:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ420ME-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ420ME-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON (Reuters) &#8211; The U.S. Treasury&#8217;s estimate that it could run short of cash to satisfy all U.S. payment obligations as early as June 1 is its &#8220;best estimate&#8221; based on recent tax receipts, Treasury Assistant Secretary for Financial Markets Joshua Frost said on Wednesday. He told a news conference after Treasury&#8217;s quarterly refunding announcement: [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":32716,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-32715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ420ME-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/32715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=32715"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/32715\/revisions"}],"predecessor-version":[{"id":32717,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/32715\/revisions\/32717"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/32716"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=32715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=32715"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=32715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}