Treasury will issue $170 billion in T-bills right around the X-date
- The Treasury Department plans to issue $170 billion in T-bills right around the X-date.
- The auctions will settle on June 1, which could be when the government runs out of money.
- Meanwhile, the government's cash balance has dipped below $50 billion.
The Treasury Department plans to issue about $170 billion in bills around when the government is expected to run out of cash unless lawmakers raise the debt ceiling.
On Tuesday, the Treasury will auction $119 billion …