US could hit debt ceiling as early as mid-July, study shows
The US could default on its $36 trillion debt as early as July and no later than October without congressional action, ...
US could default on debt as soon as July: analysis
The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think tank ...
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office, as the budget shortfall for ...
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US deficit sets record with $1.1 trillion in first five months of fiscal year 2025
The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February ...
U.S. Could Run Out of Cash by July, Analysis Finds
The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress ...
US Budget Gap Hits Record $1.1 Trillion for Fiscal Year So Far
The US budget deficit continued to swell in February, pushing the shortfall to $1.15 trillion over the first five months of the fiscal year, with the increasing cost of Medicare and servicing ...
US government blocks Canadian access to border-straddling library
U.S. authorities said on Friday they are closing Canadian access to a library straddling the Canada-U.S. border, drawing ...
JGBs Prices Fall on Less Severe U.S. Tariffs Hopes, Fiscal-End Related Sales
JGBs fell in price terms in the morning Tokyo session on the prospect of less severe U.S. tariffs, which reduces the safe-haven allure of government debt.
Senate Dems join with Republicans to pass government funding bill, avert a midnight shutdown
The bill — a continuing resolution that will essentially extend fiscal 2024 spending levels through the start of the 2026 ...
Speaker Johnson: Year-Long CR Is The "Responsible, Conservative Play" To Prepare For Cuts In FY-26
House Speaker Mike Johnson told reporters at a press conference Tuesday morning that this continuing budget resolution will ...