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 on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August.

The US Treasury Department ... still available in the Treasury's account. Additionally, since January 2, the Treasury has been using temporary accounting tricks dubbed 'extraordinary measures ...

"The government's ability to borrow using extraordinary ... United States," Bessent wrote in a March 14 letter to Congress. The issue has been on Congress' to-do list since last winter, when then ...

WASHINGTON -- The United States is on track to hit its statutory ... cushion to pay all its bills after exhausting its "extraordinary measures," the accounting maneuvers used to stretch existing ...

The Treasury quickly started relying on "extraordinary measures," such as suspending contributions to certain federal employee retirement funds, to provide enough headroom to make payments.

US Could Run Short of Money to Pay Its Bills ... a financial cushion to pay all its bills after exhausting its “extraordinary measures” the accounting maneuvers used to stretch existing ...

Scott Bessent, United States Secretary of the Treasury ... no longer have enough of a financial cushion to pay all its bills after exhausting its “extraordinary measures” the accounting maneuvers used ...

At such a critical moment in US history, we need reporters on ... cushion to pay all its bills after exhausting its “extraordinary measures” the accounting maneuvers used to stretch existing ...