https://www.taxtmi.com/news?id=38750 The CBO projects that the government's ability to borrow using extraordinary measures will likely be exhausted by late summer, creating an imminent debt ceiling risk; timing is uncertain and depends on revenue and outlay flows. With the statutory borrowing limit reinstated, Congress must raise, suspend, or repeal the ceiling to restore normal borrowing authority; meanwhile Treasury has used extraordinary measures-including suspending certain payments into federal pension and disability funds-and continued to notify Congress of their use. en-us Wed, 26 Mar 2025 21:31:02 +0530 Wed, 26 Mar 2025 21:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38750 The CBO projects that the government's ability to borrow using extraordinary measures will likely be exhausted by late summer, creating an imminent debt ceiling risk; timing is uncertain and depends on revenue and outlay flows. With the statutory borrowing limit reinstated, Congress must raise, suspend, or repeal the ceiling to restore normal borrowing authority; meanwhile Treasury has used extraordinary measures-including suspending certain payments into federal pension and disability funds-and continued to notify Congress of their use. News - Wed, 26 Mar 2025 21:31:02 +0530 https://www.taxtmi.com/news?id=38750