U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...
GOP lawmakers’ budget framework will raise debt limit, pass Trump border, energy and tax bill all before June
A House GOP aide told The Post that the “target cuts” for both chambers of Congress will be reconciled — with at least $1.5 ...
U.S. could hit borrowing limit as soon as May, budget office warns
The government could hit its borrowing limit as soon as May if tax revenue falls short of expectations, or as late as ...
Congress must act to keep health care affordable for small businesses | Opinion
Unless Congress acts soon, health insurance costs will rise sharply next year for millions of Americans, including more than ...
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 ...
Committee for a Responsible Federal Budget3d
CBO Releases March 2025 Long-Term Budget and Economic Outlook
The Committee for a Responsible Federal Budget has put out a press release on the report and will publish our full analysis ...
US projected to default this summer absent congressional action
If lawmakers do not raise or suspend the debt limit before all extraordinary measures are exhausted, the government could ...
Report: U.S. could default on loans in next few months if Congress doesn’t act
The Bipartisan Policy Center released its projections for when the country could reach the debt limit, targeting sometime ...
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 ...
Congress must act by August to prevent debt default, CBO warns
The Congressional Budget Office estimates that the federal government could default on its debt as soon as August unless ...