U.S. likely to hit debt limit X-date in August, Treasury says

politico.com/news/2025/05/09/us-debt-limit-x-date-august-treasury-00340024

The Treasury Department said Friday it would likely run out of cash to pay the nation’s bills by August, setting a new, firmer deadline for Congress to act to avoid a catastrophic default on the United States’ more-than $36 trillion debt.
That date could also become the new, de facto…

This story appeared on politico.com, 2025-05-09 21:14:39.
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