US tax inflows hint that Treasury Department can avoid default till late July – Goldman Sachs
27.04.2023, 01:09

US tax inflows hint that Treasury Department can avoid default till late July – Goldman Sachs

With the latest tax receipt numbers from the US being impressive, Goldman Sachs (GS) raises expectations that the US Treasury Department can avoid the risk of a federal payments default until late June.

Bloomberg quotes Alec Phillips, a Goldman Sachs economist while suggesting a positive development, especially after the passage of the "Limit, Save, Grow Act" in the US House of Representatives.

Also read: White House: The President has made clear this bill has no chance of becoming law

Key quotes

If the remaining receipts stay on this trend, the Treasury should be able to continue to make all scheduled payments until the end of July without an increase in the debt limit.

Goldman now sees the department getting within $50 billion to $60 billion of exhausting its resources in the second week of June.

The bill’s passage is likely to put weight behind Republican insistence that the White House and congressional Democrats engage in negotiations on policy changes to accompany a debt limit increase.

Assuming a late July deadline, those negotiations might not begin for a few weeks, if not longer. 

In our view, the most likely policy to accompany a debt limit increase is a cap on discretionary spending that’s less than the House GOP plan.

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik