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 ...
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 ...
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Senate takes up a budget plan crafted by Republicans to advance Trump’s agenda
even though the Congressional Budget Office has projected the extension would cost more than $3.8 trillion over 10 years, not including higher interest payments. On top of that, the budget plan ...
Senate Republicans eye budget resolution vote this week with reduced spending cuts
Senate Republicans are hoping to vote on a budget resolution this week that would pave the way for President Trump’s “big, ...
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 ...
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 ...