Treasury now says it could run out of money June 5, buying time for debt ceiling talks

Treasury now says it could run out of money June 5, buying time for debt ceiling talks - Treasury Secretary Janet Yellen said Friday that the United States will likely have enough reserves to push off a potential debt default until June 5. - The update for the so-called "X date" buys more time for negotiators to hammer out a deal. Previously, Yellen had said the U.S. could run out of money to pay its bills by June 1. - …