CBO: Debt limit to hit as soon as July, budget picture worsens ...Middle East

The federal government will run out of cash to pay all its bills sometime between July and September unless the statutory debt limit is lifted, the Congressional Budget Office warned Wednesday. The report by the nonpartisan budget scorekeeper could put pressure on a divided Congress to reach a deal to increase, or at least suspend, the […] The post CBO: Debt limit to hit as soon as July, budget picture worsens appeared first on Roll Call.

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