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 debt limit.

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 ...

Markets now price in the risk of the US government defaulting on its debts. The risk is small, but it should be zero.

But the department has yet to offer specific guidance on when those measures will be exhausted. “If the debt limit remains unchanged, the government’s ability to borrow using extraordinary measures ...

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 ...

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 ...