Bessent urges Congress to act on debt limit by mid-July

thehill.com/homenews/administration/5293011-bessent-congress-debt-limit

Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt.
In a letter to Speaker Mike Johnson (R-La.), Bessent said that there is “reasonable probability”…

This story appeared on thehill.com, 2025-05-09 21:03:02.
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