
Debt limit "X-date" could arrive within weeks, new analysis finds
CBSN
The U.S. could be weeks away from being unable to pay its bills, according to a new estimate by the Bipartisan Policy Center.
President Biden and Republican lawmakers are nowhere near a deal to raise or suspend the debt limit, but Mr. Biden has invited congressional leaders to the White House Tuesday to talk about a way forward.
The new analysis projects the so-called "X-date" could arrive as soon as early June to early August, narrowing the organization's previous projections. The Bipartisan Policy Center's X-date falls closely in line with Treasury Department estimates. Treasury Secretary Janet Yellen warned congressional leaders in a letter last week that the U.S. could be unable to pay its bills as soon as June 1.

Washington — Kilmar Abrego Garcia, the Salvadoran man who was deported back to his home country and then returned to the U.S. for federal prosecution, is set to remain in jail for several more days as lawyers debate whether the Justice Department can stop him from being deported if he is released from federal custody pending his trial on human smuggling charges, according to The Associated Press.