Why the precise x-date deadline is uncertain The x-date would mark the point at which the Treasury runs out of funds. After disappointing tax receipts for 2022, much now hinges on how revenue shapes up through May. If this can sustain the government into mid-June, when quarterly tax paym...
It's a dire warning that has reverberated across the country: unless Congress raises thedebt limitin exactly seven days, the U.S. economy will head off a cliff. The Oct. 17 deadline is the cornerstone of President Obama's argument that lawmakers must act immediately, without delay. Adminis...
Deadline Looming, Lawmakers Look to Debt Ceiling
US debt default deadline looms this summer or early fall, ‘urgent need’ for Congress to act: BPC The U.S. government is lurching toward the date on which it would be at risk of defaulting on the national debt, a date that is expected to arrive this summer or early fall,...
Lawmakers have days to pass a debt ceiling bill in Congress before the predicted June 5 "X-date" for defaultMay 30, 2023, 9:11 PM Debt ceiling deal to prevent default narrowly passes 1st big test in key House committee GOP hard-liners on the House Rules Committee have vowed to block...
15 as the projected debt ceiling “deadline” for this year. Past performance is no guarantee of future results.Sign up to receive BlackRock's institutional insights We partner with the BlackRock Investment Institute and thought leaders throughout our firm to provide investing insights and analysis ...
As debt ceiling deadline looms, default or compromise?doi:10.1007/978-94-009-9761-5_37The transition occurring in present-day physics from the idea of a strict and regular connection between individual events to the statistical lawfulness of mass phenomena is regarded by many as a violation of...
The debt-ceiling debate cycle. Today's debt-ceiling debate vs. past conflicts. Long-term consequences of inflated U.S. debt. How Big Is the National Debt, Really? The massive amount of U.S. debt is hard to visualize in scope and dimension. Just how much is $31.4 trillion?
pay the bills and therefore the X-Date. If the U.S. can make it through the first half of June, it is slated to receive an influx of cash around June 15 with the quarterly filing deadline. That money could help the Treasury Department hold off a default through the end of the ...
There is still a “significant gap” between House Republicans and the White House on how to resolve the looming debt ceiling deadline, according to the GOP negotiators.