Model shows US debt ceiling could be breached as early as mid-July_Amazon Finance

Model shows US debt ceiling could be breached as early as mid-July

2025-03-25 09:07:53 Primitive Reading

　Bipartisan Policy Center in the United States stated that a model released on Monday showed that if Congress does not take action, the United States may hit the debt ceiling sometime between mid-July and October. The agency also mentioned that although the possibility is small, if this year's tax revenue is lower than expected, the so-called "X day" could arrive in early June. The U.S. Treasury Department has not predicted which day "X day" will occur, when the federal government will be unable to exercise its payment functions. Wall Street estimates that "X day" could arrive as early as the end of May (estimated by BNP Paribas), or as late as the end of August or the third quarter (predicted by institutions such as Bank of America, Barclays, and Daimler Securities).

Disclaimer: This specification is preliminary and is subject to change at any time without notice. Amazon Finance assumes no responsibility for any errors contained herein.

The U.S. SEC plans to establish a new presidential cryptocurrency working group 2.0 to further promote digital asset regulation

10-22 admin 10622 Reading

Redirecting Investment from Crypto to Stocks

10-22 admin 9623 Reading

Abu Dhabi’s ADGM Collaborates with Chainlink to Develop Compliant Tokenization Framework

10-22 admin 7990 Reading

Nostra: sSTRK and xSTRK price feed information is incorrect, which may cause the originally safe positions to be liquidated

10-22 admin 13577 Reading

Binance HODLer Airdrop Launches Particle Network (PARTI)

10-22 admin 12143 Reading

Sanctioned Russian Crypto Exchange Garantex May Change Its Name to Grinex

10-22 admin 6032 Reading

Barbados-based insurer Tabit raises $40 million in Bitcoin for insurance facility

10-22 admin 6777 Reading

CoinReg Tech proposes to the US SEC Cryptocurrency Working Group to revise the Exchange Act rules and other regulatory recommendations

10-22 admin 15209 Reading

OKX Wallet standalone app is now available on Google Play Store

10-22 admin 8860 Reading

Solana on-chain AI concept coin rebounds, BUZZ rises more than 36% in 24 hours

10-22 admin 7326 Reading

Ethereum spot ETF had a net outflow of $103 million last week, with BlackRock ETHA leading the outflow

10-22 admin 19976 Reading

Galaxy Digital withdraws 10,000 ETH from Binance, about 20.42 million US dollars

10-22 admin 16215 Reading

If Bitcoin breaks through $89,000, the cumulative short order liquidation intensity of mainstream CEX will reach 316 million

10-22 admin 9521 Reading

BNB Chain ecosystem DEX transaction volume reached 14.336 billion US dollars last week, ranking first among all chains

10-22 admin 12419 Reading

US Treasury believes Tornado Cash case does not require final judgment

10-22 admin 18712 Reading