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U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...
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 ...
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US could default on debt as soon as July: analysis
The debt limit was last suspended by Congress as part of a bipartisan bill struck between former President Biden and GOP ...
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US projected to default this summer absent congressional action
The issue has been on Congress' to-do list since last winter, when then-Treasury Secretary Janet Yellen warned the debt limit would be met around President Donald Trump's inauguration, which was on ...
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Ticking debt bomb: US may default as early as spring 2025
The CBO said the so-called X-date — when the Treasury Department will no longer be able to meet its financial obligations — ...
Imminent debt default: U.S. hurtling toward August debt crisis as CBO warns government could run out of money without Congressional action; here's how it will affect Americans
The US faces a possible financial crisis as the Congressional Budget Office warns the government could run out of money by August unless Congress raises the debt ceiling. The Treasury has already hit ...