U.S. Default Date Is the Estimate That Congress Wants and Yellen Can’t Give
- Estimating when cash will run out is fraught task for Treasury
- Uncertainty brings extra danger to Capitol Hill showdown
Janet Yellen
Photographer: Greg Nash/The Hill/Bloomberg
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As the federal debt limit brings a disastrous government default ever closer, Congress will turn to the Treasury Department for the one thing it cannot deliver: a precise deadline.