U.S. could hit debt-ceiling crisis this summer unless deal is struck

The U.S. Congressional Budget Office on Wednesday said the U.S. Treasury Department will exhaust its ability to pay all its bills sometime between July and September, unless the current $31.4 trillion US cap on borrowing is either raised or suspended.

source https://www.cbc.ca/news/world/us-debt-ceiling-limit-deal-congress-1.6749441?cmp=rss