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Bessent Says US Could Hit Debt Limit

USA TODAY · 2h

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 · 3h

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.

POLITICO on MSN · 3h

U.S. likely to hit debt limit X-date in August, Treasury says

The Treasury Department said Friday it would likely run out of cash to pay the nation’s bills by August, setting a new, firmer deadline for Congress to act to avoid a catastrophic default on the United States’ more-than $36 trillion debt.

1h

Bears' Luther Burden III on draft slide: 'Everybody who passed up on me got to pay'

Chicago Bears wide receiver Luther Burden III has a message for the teams who passed on him in the 2025 NFL Draft.

Spartans Wire1h

MSU lands transfer commitment from Merrimack DB Elisha West, brother of Aydan West

Michigan State football added another defensive back via the transfer portal on Friday -- this time being a brother of a ...

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