02/10/2016
https://www.congress.gov...
"the odds of reaching June 15th, while being able to pay all of our bills, is quite low."
"Since 1789, the United States has a history of paying its bills on time."
"we're all concerned about deficits and fiscal responsibility, but deficits can be addressed both through changes in spending and also through changes in revenue."
"I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June, and possibly as soon as June 1st."