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CNN
CNN
22 Feb 2023
Tami Luhby


NextImg:US default on debt likely in summer or early fall if Congress doesn't act, new analysis projects | CNN Politics

The US will likely start to default on its obligations over the summer or in the early fall if Congress doesn't address the debt ceiling before then, according to a new analysis released Wednesday. The timing should become clearer after the 2022 tax revenues come in this spring.