The federal government “may default on its debt as soon as Feb. 15, half a month earlier than widely expected, according to a new analysis adding urgency to the debate over how to raise the federal debt ceiling,” the Washington Post reports.
“The government hit the $16.4 trillion statutory debt limit on Dec. 31
, but the Treasury Department is able to undertake a number of
accounting schemes to delay when the government runs into funding
problems.”
