Controversy

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Will the US Default on Its Debt?

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Last Updated 5 months ago

Eladio Santiago"NO, the US will not default on its debt!"Aug 03, 2025

X

Porter Stansberry"The U.S. is on track to default on its debt within four years."Aug 03, 2025

X

Invezz"If Congress does not act, the US could default on its debt obligations by mid-2025, a scenario that, year by year, looks more realistic."Aug 01, 2025

Invezz

Donald Trump"I say to the Republicans out there – congressmen, senators – if they don't give you massive cuts, you're going to have to do a default."Apr 12, 2025

Guardian

Scott Bessent"There is reasonable probability that the federal government's cash and extraordinary measure will be exhausted in August."May 09, 2025

CBS News

"BPC currently projects that the X Date [when the US could default] will most likely fall between August and early October."Aug 01, 2025

Bipartisanpolicy

Congressional Budget Office"If the debt limit remains unchanged, the government's ability to borrow using extraordinary measures will probably be exhausted in August or September 2025."Jul 06, 2025

Bloomberg.com

Lazard"If the debt limit becomes binding later this year, it could lead to default."Aug 01, 2025

Lazard

Luke Gromen"The US will default on its debt."Aug 03, 2025

X

Reuters"On the positive side, the U.S. is nowhere near the brink of default."Aug 01, 2025

Reuters

Edward Yardeni"The U.S. government won't default on its debt. The fear that it might do so is not justified."

Scott Bessent"The United States of America is never going to default."Jun 02, 2025

FOX News

U.S. Government Accountability Office (GAO)"If Treasury exhausts its borrowing authority and runs out of cash to continue paying government obligations, a default will occur."Dec 11, 2024

U.S. GAO