Please ensure Javascript is enabled for purposes of website accessibility

federal debt

Scott Bessent, United States Secretary of the Treasury, speaks at an Economic Club of New York luncheon in New York, Thursday, March 6, 2025. (AP Photo/Seth Wenig)
Mar 26, 2025

US could run short of money to pay its bills by August without debt limit deal, CBO says

WASHINGTON (AP) — The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal between lawmakers and the White House, according to a Congressional Budget Office report Wednesday. By that time, the government […]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.