Experts Not Sure When Government Hits Debt Limit

The Bipartisan Policy Center said it’s facing uncertainty in predicting how long the Treasury Department will be able to continue paying the nation’s bills after the current debt limit suspension expires at the end of the month, Roll Call reports.

“COVID-19 relief disbursements and the pace of economic recovery are hampering the organization’s usual, more specific predictions. The ambiguity of predicting the default date could add urgency to congressional negotiations on suspending or raising the debt limit before lawmakers in both chambers leave Washington for the August recess.”

CNBC: The debt ceiling deadline is the end of July — Democrats have options, but no clear plan yet.