May 5, 2024

Debt limit X-date could still crash Congress’ summer break

The CBO estimates that the government is likely to need between $2srcsrc billion and $3srcsrc billion this month to make all of its payments. | Francis Chung/POLITICO If the U.S. government doesn’t run out of borrowing power by mid-June, the nation probably won’t risk breaching the debt limit until “at least the end of July,”

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