Chairman Arrington Statement on CBO Debt Limit “X Date”
WASHINGTON, D.C. –Today, the Congressional Budget Office (CBO) released a report projecting if the debt limit remains unchanged, the government’s ability to borrow using established “extraordinary measures” will likely beexhaustedby August or September 2025 and it could beas early as May.
Budget Chairman Jodey Arrington (R-Texas) released the following statement:
“The debt ceiling has always been a critical check on Congress and their endless appetite to borrow and spend, which is driving our unsustainable national debt. We should absolutely pay our bills and protect the United States’ good faith and credit, but at the same time, we have to restore fiscal sanity. That is why the House-passed budget blueprint addressed the need to raise the debt limit by responsibly pairing it with meaningful fiscal reforms that will rein-in spending, reignite economic growth, and reduce our debt to GDP. Now it's up to the Senate to move with urgency so we can deliver President Trump's full agenda for the American people.”
