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That’ll give some critical insight into when the Treasury Department is likely to run out of borrowing room and hit the debt limit.

CBO will release X date estimate this month

The Congressional Budget Office will weigh in on the “X date” later this month, the nonpartisan scorekeeper said Monday.

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Punchbowl News Presents

We’re launching a weekly show on YouTube on September 4! Fly Out Day will include authentic conversations with the people shaping today’s biggest political stories, straight from our townhouse. Subscribe to our YouTube channel for early access.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Punchbowl News Presents

We’re launching a weekly show on YouTube on September 4! Fly Out Day will include authentic conversations with the people shaping today’s biggest political stories, straight from our townhouse. Subscribe to our YouTube channel for early access.