Treasury Secretary Scott Bessent repeated his warning that his department is on the “warning track” toward exhausting its capacity to stay within the federal debt limit, while refraining from offering a specific timeframe on Tuesday.

U.S. Treasury Secretary Scott Bessent didn't have an estimated X-date, the time at which the Treasury expects to run out of cash, he said in hearings before the House Appropriations Committee on Tuesday.

Treasury Secretary Scott Bessent said that his department is on the "warning track" toward exhausting its capacity to stay within the federal debt limit but refrained from offering a specific timeframe.