WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday.
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Treasury secretary calls on Congress to raise or suspend the debt ceiling by mid-July
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Treasury secretary asks Congress to raise or suspend debt ceiling
Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, urging them to act even sooner, “to protect the full faith and credit of the United States.”
WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, Treasury Secretary Scott Bessent warned Friday.
