{video} The Treasury Department said it could run out of cash in two months, asking Congress to increase the debt ceiling before lawmakers leave for a six-week recess. “Based on updated projections, there is a scenario in which we run out of cash in early September, before Congress reconvenes,” Treasury Secretary Steven Mnuchin said in a letter to House Speaker Nancy Pelosi on Friday. “As such, I request that Congress increase the debt ceiling before Congress leaves for summer recess,” Mnuchin said. Lawmakers and the Trump administration are rushing to pass a spending deal and raise the U.S. borrowing limit to avoid ... (full story)