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Treasury Secretary Scott Bessent reiterated on Tuesday that his department is on the “warning track” when it comes to nearing the federal debt ceiling, though he declined to provide a specific deadline.“We’ll notify Congress when we believe we’re approaching the so-called X-date,” Bessent told lawmakers during a hearing before the House Appropriations Committee, referring to the point when the Treasury can no longer ensure that all government bills are paid on time. He added that the department is still processing tax revenue from the recent filing season.Since the debt ceiling was reinstated in early January, the Treasury has relied on temporary accounting measures to continue meeting federal payment obligations without breaching the legal borrowing limit. Analysts on Wall Street estimate that Treasury may run out of maneuvering room sometime between August and October unless Congress takes action to raise or suspend the cap.“We are on the warning track,” Bessent repeated, emphasizing that the U.S. government will not default. He also assured lawmakers that the Treasury has no plans to resort to “gimmicks” to circumvent the debt limit.