U.S. risks debt default in early June, congressional budget office agrees

WASHINGTON — The federal government could default on its debt during the first two weeks of June without action on bipartisan legislation, according to the Congressional Budget Office.  The nonpartisan budget scorekeeper issued an updated report Friday, warning that “if the debt limit remains unchanged, there is a significant risk that at some point in … Continue reading U.S. risks debt default in early June, congressional budget office agrees