Goldman Sachs says US government drop dead date for raising the debt limit is late July

Goldman Sachs analysts say the surge in tax collections surrounding the April 18 filing deadline is giving them increased confidence that Congress won’t have to act until shortly before their August recess.

• “We maintain our base case that the debt limit deadline will be in late July,
• now with increased confidence as revenues are once again close to our projections”

Earlier on the debt ceiling:

• US House has passed the spending cut/debt ceiling bill
• US House of Representatives voting on a bill to raise the debt ceiling