The U.S. government is on track to reach its $41.1 trillion debt limit next year — likely between late winter and mid-summer, a trusted independent forecaster predicted Thursday.
The new projection comes from the Bipartisan Policy Center, which used the latest data on U.S. cash flow to predict when the nation will again risk defaulting on its billions of dollars in loans, after Republicans acted last summer to raise the limit by $5 trillion through their One Big Beautiful Bill Act.
Now the next Congress and President Donald Trump will need to enact a new law to further raise or waive the borrowing cap, in order to stave off an unprecedented…
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