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CBO, debt limit

CBS News on MSN · 3d

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 Office estimated.

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 by late May - unless Congress acts to raise the nation's debt ceiling, the non-partisan Congressional Budget Office forecast on Wednesday.

Wall Street Journal · 3d

U.S. Debt-Limit Deadline Is August or September, CBO Says

CBO’s projection puts lawmakers on the clock to figure out how and when to raise the debt limit.

3d

US Faces Payment-Default Risk in August, September, CBO Says

The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on ...

3d

Congress likely has until August or September to raise debt limit, budget office says

The drop-dead date for Congress to suspend or raise the debt limit and prevent the government from defaulting on its ...

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