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Bessent Says US Could Hit Debt Limit

CNN on MSN · 19h

Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, urging them to act even sooner,

USA TODAY on MSN · 18h

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 letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August, Bessent wrote.

The Washington Post on MSN · 19h

Congress should raise debt limit by July to avoid default, Bessent says

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

17hon MSN

Trump Administration Warns Congress With Possible Debt Limit Deadline

The announcement raises the stakes for Republicans, who are tying a $5 trillion debt limit increase to a legislative package.

19h

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 ...

Rand Paul Torches Fellow Republicans ‘Falling Over Themselves to Vote tor the Largest Debt Ceiling Increase’ Ever

Sen. Rand Paul (R-KY) slammed his fellow Republicans" over a plan to increase the debt ceiling by $5 trillion.

4d

Bessent says US on debt-limit ‘warning track,’ but no timing yet

Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its ...

2dOpinion

You might not like the solution to the debt crisis, but here's how to fix America's spending problem

Preserving the American Dream means making some smart, targeted moves now—so we don’t lose everything later. Slightly higher ...

4don MSN

How much should I spend if my credit limit is $1,000?

Credit cards are ubiquitous, and with modern technology allowing the use of them without even having to swipe the plastic, ...

2d

Ohio lawmakers want to keep medical debt from crushing patients

A bipartisan bill in the Ohio House aims to make life easier for Ohioans who get hit by unexpected medical costs.

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