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Federal Debt and the Statutory Limit, July 2021

Congressional Budget Office

No 57152, Reports from Congressional Budget Office

Abstract: CBO projects that if the debt limit is not raised, the Treasury would probably run out of cash and be unable to make its usual payments starting sometime in the first quarter of the next fiscal year, most likely in October or November.

JEL-codes: H60 H63 (search for similar items in EconPapers)
Date: 2021-07-21
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