The US debt ceiling is “on the warning track”, says Bessent

Treasury Secretary Scott Bessent told lawmakers Tuesday that a fresh estimate of when the United States will run out of cash to pay its bills is “forthcoming,” adding that the debt ceiling is already “on the warning track. ” He explained that the Treasury is still counting the flood of annual tax payments that arrived around […] source: https://www.cryptopolitan.com/the-us-debt-ceiling-is-on-the-warning-track/