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The Bipartisan Policy Center (BPC) said on Friday the US federal government is likely to run out of borrowing room and breach the debt limit as of December 21.
“The debt limit ‘X Date’ – when the United States will no longer be able to meet its obligations in full and on time – will most likely occur between December 21, 2021, and January 28, 2022,” the Washington, DC-based think tank warned on its website.
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