BREAKING: New Reports Say Government Broke, No Money to Pay Bills Beginning in …

Treasury and $10 bill. Photo by Ryan McFarland. Treasury and $10 bill. Photo by Ryan McFarland.

A new Congressional Budget Office report released yesterday saying the government has run out of money and will be unable to pay its bills beginning in November (possibly December) was backed up by the Bipartisan Policy Center (BPC).

According to a press release by BPC, “BPC has projected that the U.S. Treasury will run out of room to continue paying the nation’s bills in full and on time in the November-December time frame.”

BPC Senior Director of Economic Policy Steve Bell said:

“We still predict, as we have for several months, that November or December seems the likely time frame within which Treasury will no longer be able to borrow money from other government sources and will have to resort to day-to-day receipts in order to pay government bills.”

Read BPC’s press release in full here.

Treasury and $10 bill. Photo by Ryan McFarland.

Justin Haskins
About Justin Haskins (178 Articles)
<p>Justin Haskins is a pro-liberty writer, editor, research fellow, and the editor-in-chief of the New Revere Daily Press and CrazyThingsLiberalsSay.com. Haskins has been published hundreds of times in major digital and print publications, including The Wall Street Journal, New York Post, Forbes, FoxNews.com, Newsweek, and National Review, among many others. His writing has also been featured or discussed by The Rush Limbaugh Show, Glenn Beck Radio Program, the Fox News Channel, The New York Times, Drudge Report, and Newsmax, which named Haskins one of “Top 30 Republicans Under 30” in 2017. He lives in North Carolina with his wife, Dr. Jacquelyn, and his dog Roxy. Follow him on Twitter @JustinTHaskins.</p>
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