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Projection: US could default as soon as Aug. 15

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The United States could default between Aug. 15 and Oct. 3, according to a new projection from the Bipartisan Policy Center, a centrist Washington, D.C., think tank.

The so-called X-date would be reached if Congress does not raise or suspend the debt limit before then. The Bipartisan Policy Center previously projected the X-date could hit as soon as July.

The House and Senate are scheduled to be in recess Aug. 4-Sept. 2.

Read more from the Missouri Independent.

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