Coverage dated February 14, 2023 to February 15, 2023
U.S. likely to default on debt between July and September unless Congress acts, CBO says
Headline from Hiawatha World Online
WASHINGTON — Congress has until at least July to broker a bipartisan debt agreement if lawmakers want to avoid a first-ever default, according to the Congressional Budget Office. The nonpartisan
Hiawatha World Online's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
But the Treasury Department will make the final decision, and it is currently sticking with a June 5 deadline set by Secretary Janet Yellen to raise the debt ceiling or risk default.
The federal government will be unable to fully pay its obligations sometime between July and September if Congress doesn't address the debt limit before then, the Congressional Budget Office said
The United States risks defaulting on payment obligations as soon as July, if lawmakers fail to resolve a gridlock and raise the federal borrowing limit,
The United States will run out of ways to prevent the government from defaulting sometime this summer, between July and September, the Congressional Budget Office projected Wednesday.
By Tami Luhby, CNN The federal government will be unable to fully pay its obligations sometime between July and September if Congress doesn’t address the debt limit before then, the Congressional Budget Office said Wednesday.
WASHINGTON — The United States Treasury will exhaust its emergency measures to prevent a debt default sometime between July and September unless Congress raises the $31.4 trillion debt limit, the Congressional Budget Office projected Wednesday.
WASHINGTON — Congress has until at least July to broker a bipartisan debt agreement if lawmakers want to avoid a first-ever default, according to the Congressional Budget Office. The nonpartisan
The Congressional Budget Office shared a detailed analysis of when the U.S. might default if no debt ceiling deal were agreed, with the potential for a default between July and September 2023.
