US Tax Collection Slowdown Fuels Concerns Over Debt Ceiling Deadline

In a significant development that has drawn attention from policymakers and taxpayers alike, the United States is experiencing a noticeable slowdown in tax collections. This downturn is causing increasing anxiety about the looming debt ceiling and the potential repercussions of hitting the X-date—a term that describes when the government will no longer be able to meet all of its financial obligations.

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