The government faces a significant risk that it will be unable to pay all of its bills in the first two weeks of June unless the debt ceiling is increased, the Congressional Budget Office said
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https://www.wsj.com/articles/u-s-risks-breaching-debt-ceiling-in-first-two-weeks-of-june-cbo-says-29b5b9c2May 12, 2023 11:00 am ETAs Democrats and Republicans debate raising the debt ceiling, they both agree that a default would be disastrous for the economy. But how? WSJ explains why U.S. debt has become the center of the economy.
in the first two weeks of June unless the debt ceiling is increased, the Congressional Budget Office said Friday. The warning came on the day that President Biden and congressional leaders had been supposed to hold a highly anticipated meeting to chart a path forward on lifting the debt ceiling, but
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