The Hill4d
Congress must act by August to prevent debt default, CBO warns
The federal government could default on its debt as soon as August without action from Congress, the Congressional Budget Office (CBO) estimated on Wednesday. In the latest projection, the ...
New York Post6d
US could hit debt ceiling as early as mid-July, study shows
WASHINGTON — The US could default on its $36 trillion debt as early as July and no later than October without congressional action, according to a study released Monday. The Bipartisan Policy ...
The Hill6d
US could default on debt as soon as July: Analysis
The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think tank forecast ...
IJR4d
Congress Has Mere Months To Address Debt Default, CBO Warns
The U.S. government has until August or September to lift the country’s borrowing limit to avert a default on its $36 trillion-and-counting debt, according to the Congressional Budget Office’s ...
ABC News4d
US projected to default this summer absent congressional action
The CBO warned the U.S. could run out of money to pay its bills by late summer. The Congressional Budget Office warned on Wednesday that the government could run out of money to pay its bills as ...
Reuters5d
US risks default as soon as August without debt-ceiling action, CBO estimates
WASHINGTON, March 26 (Reuters) - The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even by late May - unless Congress acts to ...