New study: debt limit deadline likely extended

Published April 26, 2013 6:28pm ET



WASHINGTON (AP) — The likely deadline for Congress to prevent the government’s first default will be later than earlier thought, a Washington think tank has found.

The Bipartisan Policy Center said Friday that the government probably won’t reach the brink of default until early September or early October. It had previously said default would come in July or August.

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