Slow US Tax Collections Spark Angst About Debt Ceiling X-Date
Tax collection projections are down. Refunds are up. That’s a formula that could dampen US government revenue and, if it ...
Why Trump Is Right About Ending The Debt Ceiling
The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...
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 ...
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 ...
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 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, ...
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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 ...
Opinion
Committee for a Responsible Federal Budget2dOpinion
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, which was reinstated on January 2, will need to be lifted in advance of the ...
The New Republic on MSN8dOpinion
For Once, a Debt Ceiling Fight May Be Democrats’ Best Option
It may be playing with fire, but it’s the best hope the party has to extract concessions from a reckless Trump administration ...
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 ...
US risks default as soon as August without debt-ceiling action, CBO estimates
The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even ...