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 ...

Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

The debt ceiling was last addressed in 2023, when Congress suspended it until Jan. 1 ... could default on its debt between July and October without congressional intervention.

did exactly that back in June 2023 as part of the Fiscal Responsibility Act, which had suspended the debt limit until Jan. 1. Democrats have traditionally favored suspending the debt ceiling ...

Bill Murray made new comments about the misconduct allegations made against him in 2022 while on the set of ‘Being Mortal.’ ...

WASHINGTON (AP) — The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a ...

"If the debt limit is not raised or suspended before the extraordinary measures are exhausted, the government will be unable to pay all of its obligations. As a result, it would have to delay ...

The action in Washington in the past week has done little to clarify what Donald Trump's endgame will look like, but it ...

If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or September, the Congressional Budget Office warned.