{"id":1015,"date":"2025-03-24T14:58:32","date_gmt":"2025-03-24T14:58:32","guid":{"rendered":"https:\/\/www.insuracarelife.com\/blog\/u-s-could-run-out-of-cash-by-july-analysis-finds\/"},"modified":"2025-03-24T14:58:32","modified_gmt":"2025-03-24T14:58:32","slug":"u-s-could-run-out-of-cash-by-july-analysis-finds","status":"publish","type":"post","link":"https:\/\/www.insuracarelife.com\/blog\/u-s-could-run-out-of-cash-by-july-analysis-finds\/","title":{"rendered":"U.S. Could Run Out of Cash by July, Analysis Finds"},"content":{"rendered":"
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The United States could run out of cash to continue paying its bills by mid-July if Congress does not take action to raise or suspend the nation\u2019s debt limit, according to an analysis on Monday by the Bipartisan Policy Center.<\/p>\n

That deadline, known as the \u201cX-date\u201d \u2014 the moment when the United States is unable to meet its financial obligations and might default on its debt \u2014 is a fiscal milestone that\u2019s among the most closely watched in Washington and on Wall Street.<\/p>\n

The date is subject to considerable uncertainty. It relies on estimates of how much wiggle room the Treasury has to use accounting maneuvers \u2014 known as \u201cextraordinary measures\u201d \u2014 to keep paying the government\u2019s bills by shifting money around. The Bipartisan Policy Center, a think tank, provided estimates suggesting that the X-date could come as late as the beginning of October.<\/p>\n

Efforts to address the debt limit will likely consume Congress and the Trump administration later this year as Republicans race to enact trillions of dollars of tax cuts.<\/p>\n<\/div>\n