The U.S. is still in danger of hitting the debt ceiling, and Steven Mnuchin is taking it seriously

(Credit: AP Photo/Pablo Martinez Monsivais)

President Donald Trump’s Treasury secretary, Steven Mnuchin, is offering a dire warning about the federal government’s financial health if Congress doesn’t raise the debt ceiling before the August recess.

“We’ve run lots of models and there are lots of different assumptions. I am comfortable saying we can fund the government through the beginning of September,” Mnuchin said, according to The Washington Post.

He said that he “can’t...

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