U.S. could default by October 18th unless Congress acts

U.S. could default by October 18th unless Congress acts – CBS News

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The Treasury Department says the U.S. has just under three weeks until it could run out of cash to pay bills and default on its debt. CBS News reporter Sarah Ewall-Wice spoke to Ed O’Keefe on “Red and Blue” about what that could mean for Social Security and Medicare recipients.

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