US Faces Payment-Default Risk in August, September, CBO Says. Story by Jarrell Dillard and Erik Wasson • 19h (Bloomberg) -- The Congressional Budget Office warned that the federal government ...

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if lawmakers don't act to raise the debt limit before then.

The United States is at a higher risk of defaulting on its debt between June 2 and June 13, a prominent think tank warned Tuesday. The Bipartisan Policy Center projected the so-called X-Date ...

(Bloomberg) -- The Congressional Budget Office warned that the federal government could run out of enough money to pay all of its bills on time as soon as August if lawmakers fail to raise or suspend ...

The United States is at a higher risk of defaulting on its debt between June 2 and June 13, a prominent think tank warned Tuesday. The Bipartisan Policy Center projected the so-called X-Date ...