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 ...
Congress is on the clock to raise the debt ceiling to avoid default
The consequences of failing to raise the debt ceiling are astronomical and could cause the government to miss payments on its ...
US could hit debt ceiling as early as mid-July, study shows
The US could default on its $36 trillion debt as early as July and no later than October without congressional action, ...
Senate, House GOP split over size of debt-limit increase
A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in ...
Senate Republicans warm to hiking the debt limit in their sweeping party-line bill
If Republicans fail to get the votes on their own to lift the debt ceiling, with the deadline expected in August or September ...
Republicans reach ‘consensus’ on raising the debt limit with single, filibuster-proof bill
Senate Republicans had previously endorsed a two-track approach, with the second bill focusing just on renewing the 2017 Tax ...
Debt limit time crunch could test both parties
House Democrats are sending an early warning shot as the government’s borrowing window inches to a close: winning Democratic ...
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Scoop: White House eyes leveraging debt ceiling "X-date" to pass budget
The White House is eyeing this summer's debt ceiling's "X-date" as a forcing mechanism to push the "one big, beautiful bill" ...