News

U.S. could face default by August if Congress doesn't address debt ceiling, budget office says
The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...
US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
US projected to default this summer absent congressional action
If lawmakers do not raise or suspend the debt limit before all extraordinary measures are exhausted, the government could ...
CBO: U.S. could run out of money by August if debt ceiling isn't raised
If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or ...
Committee for a Responsible Federal Budget8dOpinion
Debt Ceiling Needs to be Raised in Advance of X Date
Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...
Wisconsin Examiner13d
Looming X-date for U.S. default on the debt projected to arrive this summer
Trump and Congress must act on the debt limit by summer or face default for the first time in history, causing global ...
U.S. could hit borrowing limit as soon as May, budget office warns
The federal government could hit its borrowing limit as soon as May if tax revenue falls short of expectations, or as late as ...
US Faces Payment-Default Risk in August, September, CBO Says
The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on ...
Report: U.S. could default on loans in next few months if Congress doesn’t act
The Bipartisan Policy Center released its projections for when the country could reach the debt limit, targeting sometime ...