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Bessent predicts debt limit will be hit in August, asks Congress to increase or suspend ceiling
Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...
Bessent urges Congress to act on debt limit by mid-July
Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...
U.S. could face default by August if Congress doesn't address debt ceiling, Bessent says
The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...
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Treasury Secretary Scott Bessent Says US Debt Limit Is On ‘Warning Track:’ ‘The Wall’s Not Far Away’
While concerns about the U.S. hitting the debt ceiling are being debated, Philip Swagel, head of the nonpartisan ...
US could hit debt ceiling by July: Bessent
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...
Treasury Secretary Scott Bessent: U.S. will hit debt limit in August
WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...
U.S. likely to hit debt limit by August if Congress doesn’t act, Treasury warns
The projected ‘X-date,’ or the day on which the country risks missed payments on loans, gives lawmakers only three months to ...
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Bessent urges Congress to act on debt limit by mid-July
Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to ... 2025, raising concerns including increased volatility and costs, negative impacts ...