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Bessent urges Congress to act on debt limit by mid-July
Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...
Bessent predicts debt limit will be hit in August, asks Congress to increase or suspend ceiling
Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...
U.S. could face default by August if Congress doesn't address debt ceiling, Bessent says
The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...
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Treasury Secretary Scott Bessent Says US Debt Limit Is On ‘Warning Track:’ ‘The Wall’s Not Far Away’
While concerns about the U.S. hitting the debt ceiling are being debated, Philip Swagel, head of the nonpartisan ...
US could hit debt ceiling by July: Bessent
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...
Bessent warns debt limit measures could be exhausted in August
U.S. Treasury Secretary Scott Bessent warned Friday that the federal government could exhaust its cash balance and so-called ...
Treasury Secretary Scott Bessent: U.S. will hit debt limit in August
WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...
Treasury secretary calls on Congress to raise or suspend the debt ceiling by mid-July
WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...
U.S. likely to hit debt limit by August if Congress doesn’t act, Treasury warns
The projected ‘X-date,’ or the day on which the country risks missed payments on loans, gives lawmakers only three months to ...
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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 ... 2025, raising concerns including increased volatility and costs, negative ...