D.C. Mayor Muriel Bowser said on Tuesday that the District will begin to implement a list of “extraordinary measures” –  from ...

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.

D.C. Mayor Muriel Bowser announced on Tuesday a wave of significant cuts to District Government services, including hiring freezes, employee furloughs, facility ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

"The government's ability to borrow using extraordinary measures will probably be exhausted in August or September 2025," the nonpartisan CBO report predicted. The CBO added that a precise ...

The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even by late May - unless Congress acts to raise the nation's debt ceiling, the ...

"The Congressional Budget Office estimates that if the debt limit remains unchanged, the government's ability to borrow using extraordinary measures will probably be exhausted in August or ...

It relies on estimates of how much wiggle room the Treasury has to use accounting maneuvers — known as “extraordinary measures” — to keep paying the government’s bills by shifting money ...

Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...