U.S. could hit borrowing limit as soon as May, budget office warns

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1. The warning from the budget office highlights the urgent financial challenges facing the U.S. government. If the borrowing limit is reached as soon as May, it could lead to significant implications for federal spending and could potentially result in a government shutdown or delays in payments for essential services. It’s crucial for lawmakers to address this issue promptly to avoid a financial crisis that could impact millions of Americans and the broader economy. Bipartisan cooperation will be essential to reach a solution and ensure fiscal stability moving forward. What are your thoughts on potential strategies Congress could use to address this looming issue?

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