CBO warns that if the government doesn't raise the debt limit, it will no longer be able to borrow money and pay its obligations

The Congressional Budget Office released a stark forecast of when the government’s borrowing limit would be exhausted in 2025 .

If the government doesn’t raise the limit of its debt, then it will no longer be able to borrow money and pay its obligations.

The forecast renews pressure for the GOP leadership to get their party behind a debt ceiling increase.