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The government could run out of cash to pay its bills in full and on time sometime between the end of October and the middle of November if lawmakers fail to increase its $16.7 trillion borrowing cap, Congressional Budget Office Director Doug Elmendorf said on yesterday.

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ELMENDORF

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abtest

New study warns of US long-term debt problems

By Andrew Taylor | September 18, 2013 - 4:25am

The government could run out of cash to pay its bills in full and on time sometime between the end of October and the middle of November if lawmakers fail to increase its $16.7 trillion borrowing cap, Congressional...

World