If the authorities do not increase the ceiling of the state debt, the US government may default until August 2025. This was reported by the Budget Department of the United States Congress, reports Ria Novosti.
Before that, Bicopartisian Political Center Experts (two -party policy center) They saidThe default of the US in public debt can take place from mid -July to the beginning of October.
Experts of the center, potential default special history is primarily dependent on the budget revenues after the April tax period, he said. Although tax fees as a whole are expected to correspond to estimates, there is a possibility of default risk of default at the beginning of June.
At the end of February, Bloomberg referred to data from the International Institute of Finance (IIF), reporting that the global debt broke a record of $ 318 trillion at the end of 2024. According to experts, last year, the world debt level increased by 7 trillion dollars. As analysts expected, the state borrowing volume will remain high in 2025. However, in the future, a slowdown is expected to grow in the growth of this indicator.
EARLY AT THE US Congress respected State debt for the country’s 2035.
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Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.