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"That restriction would ultimately lead to delayed payments for some activities, default on its obligations ... in borrowing rates for the Treasury." US GOVERNMENT'S FISCAL STRENGTH DETERIORATING ...
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.
WASHINGTON (Reuters) - The U.S. government will risk defaulting on some of its $ ... A 2023 debt ceiling showdown pushed the U.S. to the brink of default and hurt its credit rating.
Former Federal Reserve Chairman Alan Greenspan downplayed the risk ... the US debt is not a credit rating issue because there's zero probability of a US default: the United States can pay any ...
The United States government is resuming aggressive collection efforts on federal student loans after a pause of over five ...