@thehill WASHINGTON: ‘ US could hit $18.1 trillion debt limit in mid-November ‘ @AceFinanceNews

#AceFinanceReport – WASHINGTON:Aug.25: The United States will likely hit the $18.1 trillion debt limit around mid-November or early December, the nonpartisan Congressional Budget Office (CBO) predicted Tuesday.

The deadline is crucial for Congress, which must approve an increase in the government’s borrowing authority to prevent a first-ever default on the national debt.

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