Slow US Tax Collections Spark Angst About Debt Ceiling X-Date

By Yahoo! Finance   |   5 days ago
Slow US Tax Collections Spark Angst About Debt Ceiling X-Date

US tax collection projections are down while refunds are up, causing concern for government revenue. The Treasury may reach its borrowing limit sooner than expected, leading to a potential default if the trend continues. Congress needs to raise the debt ceiling earlier than anticipated to avoid financial crisis.

Read More

Did you find this insightful?