Debt Ceiling Explained

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Bessent Says US Could Hit Debt Limit

Bessent urges Congress to act on debt limit by mid-July

Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the federal government from defaulting on its more than $36 trillion debt. In a

Washington Examiner on MSN · 13h

Bessent predicts debt limit will be hit in August, asks Congress to increase or suspend ceiling

Bessent urged Congress to raise or suspend the debt limit by mid-July, to "protect the full faith and credit of the United States."

USA TODAY on MSN · 22h

Treasury Secretary Scott Bessent: U.S. will hit debt limit in August

Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August,

Cryptopolitan on MSN4d

The US debt ceiling is “on the warning track”, says Bessent

Treasury Secretary Scott Bessent told lawmakers Tuesday that a fresh estimate of when the United States will run out of cash ...

Christian Science Monitor19d

The debt ceiling battle explained in 12 charts

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the ...

Bessent Says US on Debt-Limit ‘Warning Track,’ But No Timing Yet

Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...

Cryptopolitan on MSN8d

Senator Cynthia Lummis says her BITCOIN Act legislation will clear US national debt

Senator Cynthia Lummis said on Friday that the BITCOIN Act legislation she introduced last year is the only way to stop the ...

The American Journal of Managed Care11d

Trump’s First 100 Days: Workforce Cuts, Drug Pricing, and Medicaid Reform

Early actions by the new administration signal major changes in health policy, taxes, and pharmaceutical pricing.

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