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The U.S. will hit its debt limit sooner than expected, and the deadline to avoid default could get ‘uncomfortably close’ when Congress is on vacation

The U.S. will hit its debt limit sooner than expected, and the deadline to avoid default could get ‘uncomfortably close’ when Congress is on vacation

Feed excerpt — reported by Fortune

Analysts at Bank of America estimated that the U.S. will officially reach the ceiling as early as February, sooner than its prior forecast for May.

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Original Source

This article was syndicated from Fortune. All rights remain with the original publisher.