U.S. Debt Default Looms
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debt limitReuters
•US Politics
US Politics
US government could face default risk as soon as July, analyst projects

76% Informative
The U.S. government will risk defaulting on some of its $36.6 trillion in debt sometime between mid-July and early October unless Congress acts to raise the cap on Washington 's borrowing limit.
Lawmakers have repeatedly taken negotiations over raising the government's debt limit to the last minute .
The Bipartisan Policy Center think tank says Congress must act well ahead of the deadline.
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