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Tag: U.S. government debt
    U.S. Treasury Faces Default Risk as Early as August 2025, Warns CBO

    U.S. Treasury Faces Default Risk as Early as August 2025, Warns CBO

    2025-03-26  Ravi Mehta
    This article discusses the latest warning from the Congressional Budget Office (CBO) about the U.S. Treasury's risk of defaulting as early as August 2025 if the debt ceiling is not raised or suspended. It explores the economic consequences, potential market disruptions, and the political battle ahead as lawmakers debate solutions.