CBO’s staff has recently discussed with debt management analysts at the Treasury Department the data they used to project major cash flows over the next two weeks. Those projections are very similar to CBO’s own expectations of large payments and deposits in that period. CBO has also incorporated in its estimates the most recent information on actual cash flows.
As of today, estimates of Treasury’s cash balances over the next few weeks are slightly lower than they were on October 14, when CBO projected that “if the debt limit remains unchanged, the Treasury will begin running a very low cash balance in early November, and the extraordinary measures will be exhausted and the cash balance entirely depleted sometime during the first half of November.”
Source: CBO
