No One Is Sure When the Debt Ceiling Will Be Hit

New York Times: “The problem is further compounded by the fact that no one is quite sure when the government will run out of money. The Covid-19 pandemic continues to ravage the United States in waves, frequently disrupting economic activity and the taxes the government collects, complicating Treasury’s ability to gauge its cash flow. Estimates for what’s known as the ‘X-date’ range from as early as Oct. 15 to mid-November.”

Politico: Democrats reject grueling debt limit off-ramp.