New Study: Debt Limit Deadline Likely Extended

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New study: debt limit deadline likely extendedMinneapolis Star TribuneWASHINGTON - The likely deadline for Congress to prevent the government's first default will be later than earlier thought, a Washington think tank has found. The Bipartisan Policy Center said Friday that the government probably won't reach the brink of ...and more »

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  • Debt ceiling deadline likely delayed until October: study
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    05/9/2019 - 6:20 am | View Link
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  • Congress returns to Washington as debt limit deadline ...
    Lawmakers return to Washington this week with a debt limit deadline looming and no clear plan yet to deal with the issue as the clock ticks down.
    06/14/2019 - 9:20 am | View Website
  • Debt Ceiling: Definition, Current Status
    Current Status. As a result, the limit will be whatever level the debt is on that day. The Committee for a Responsible Federal Budget estimated that the debt will increase to $22 trillion by March 2019. Shortly after Trump suspended the ceiling, the debt exceeded $21 trillion on March 15, 2018.
    06/13/2019 - 4:02 pm | View Website
  • United States debt ceiling
    The United States debt ceiling or debt limit is a legislative limit on the amount of national debt that can be incurred by the U.S. Treasury, thus limiting how much money the federal government may borrow. The debt ceiling is an aggregate figure which applies to the gross debt, which includes debt in the hands of the public and in intra-government accounts.
    06/13/2019 - 10:19 am | View Website
  • Anticipated 2019 Debt Ceiling Debate Fuels Fears Of "Major ...
    Similar disruptions in the front end also occurred in the run-up to the 2013 and 2017 debt-ceiling deadlines. -Bloomberg "Given the political setup, unlike when we had a Republican Congress, we have increased risk around the possibility of going beyond the debt-limit suspension deadline, and Treasury having to use extraordinary measures," said ...
    06/13/2019 - 9:29 am | View Website
  • Federal government will be unable to pay all bills sooner ...
    The Congressional Budget Office said that the Treasury Department will “most likely run out of cash in the first half of March 2018” unless Congress acts to raise the debt ceiling.
    06/4/2019 - 8:02 pm | View Website
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