The U.S. could reach the $41.1 trillion national debt limit as early as February 2027, Fortune writes, citing a Bank of America forecast. This is earlier than previous estimates that pointed to May. Analysts warn that the critical date for a possible default risks moving to August 2027. The situation is complicated by the fact that during this period the US Congress traditionally goes into summer recess, which will make it difficult to quickly agree on a new debt ceiling.