A new Goldman Sachs forecast predicts that the government will not reach its debt limit until early September or October. Part of the variable is whether Fannie Mae and Freddie Mac release tens of billions of dollars to taxpayers. The dotted lines show Goldman Sachs's three predicted debt limit scenarios. Read related article.
Without the dividend, the debt limit would be reached earlier.
The dividend from Fannie and Freddie would arrive in July, lowering the deficit by $100 billion.
SOURCES: GS Global ECS Research, the Treasury Department, Congressional Budget Office.