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U.S. Could Default on Its Debt Between July and September, C.B.O. Says
Posted inCongressional Budget Office Economic Conditions and Trends National Debt (US) Treasury Department United States Politics and Government

U.S. Could Default on Its Debt Between July and September, C.B.O. Says

The nonpartisan budget office also said that if tax receipts fall short of projections, and Congress fails to act on the debt limit, the U.S. could run out of cash before July.
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Posted by By Alan Rappeport
As Lawmakers Spar Over Social Security, Its Costs Are Rising Fast
Posted inCongressional Budget Office Medicare National Debt (US) Politics and Government Republican Party Retirement Social Security (US) United States Politics and Government

As Lawmakers Spar Over Social Security, Its Costs Are Rising Fast

New budget projections are expected to show that the program’s spending is outpacing tax revenues as an aging population claims benefits.
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Posted by By Jim Tankersley
Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs
Posted inBiden, Joseph R Jr Federal Budget (US) House of Representatives McCarthy, Kevin (1965- ) National Debt (US) Republican Party United States Economy United States Politics and Government

Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs

The hours leading up to the meeting have highlighted the differences between the White House and the Republicans who now control the House.
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Posted by By Jim Tankersley and Catie Edmondson
Biden Demands Details on Budget Cuts From McCarthy
Posted inBiden, Joseph R Jr Federal Budget (US) McCarthy, Kevin (1965- ) National Debt (US) United States Politics and Government

Biden Demands Details on Budget Cuts From McCarthy

Ahead of a meeting at the White House on Wednesday, administration officials demanded that Republicans commit to avoiding a default on federal debt.
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Posted by By Jim Tankersley

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