post-pandemic

U.S. House Speaker Kevin McCarthy answers questions from reporters at the U.S. Capitol about debt limit talks at the White House, on Wednesday, Feb. 1, 2023. (Photo by Jennifer Shutt/States Newsroom)

Bipartisan group predicts U.S. debt default as soon as summer, depending on tax receipts

BY: - February 22, 2023

WASHINGTON — A bipartisan think tank expects that the United States will default on its debt in the summer or early fall, if Congress doesn’t take action to address the debt limit before then.  The timeline is similar to one the nonpartisan Congressional Budget Office released last week, saying lawmakers have until sometime between July […]