Ten Questions About the U.S. Debt Ceiling: What Is the X-Date? How Does It Differ from a Government Shutdown?
TradingKey - As U.S. borrowing continues to surge, breaching the statutory debt ceiling, the Treasury Department under Janet Yellen has been relying on cash reserves and extraordinary measures since early January 2025. However, these temporary solutions are nearing exhaustion. The so-called X-date..