U.S. could face default by August if Congress doesn't address debt ceiling, budget office says

The clock never stops ticking on America’s national debt problem

The Congressional Budget Office warned that the US government could run out of money as early as May — and that's just the short-term concern....

US could run out of cash by May, budget office predicts - West Hawaii Today

WASHINGTON — The U.S. could run out of money to pay its bills by late May if Congress does not raise or suspend the nation’s debt limit, the Congressional Budget Office said Wednesday.

US debt burden to top second world war peak in coming years, CBO says

Congressional fiscal watchdog’s forecasts come after Moody’s warned on the country’s public finances this week

CBO warns of ‘fiscal crisis’ as federal debt set to hit record by 2029 - Washington Examiner

The Congressional Budget Office is projecting that federal debt held by the public will climb relentlessly, breaking the country’s record in just a few years. The CBO released a long-term budget outlook on Thursday afternoon. It shows that despite slight improvements since last year, the federal debt is set to soar and force a fiscal reckoning in the coming years. Federal debt held by the public will rise to 107% of GDP in 2029, the congressiona…

US risks defaulting on debt by August, warns Congressional watchdog

If certain steps are not taken, the United States is at the risk of debt default by August for the first time in history, according to a Congressional watchdog

CBO: U.S. could run out of money by August if debt ceiling isn't raised

If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or September, the Congressional Budget Office warned.