The U.S. could run out of money, and fail to pay its debts, as early as June 1.
If this were to happen, a U.S. government official has said it would cause an “economic catastrophe”.The solution lies in changing the ‘debt ceiling’, but to do that the Government will need to break through a stalemate in Congress.
We’ll tell you what you need to know in the deep dive.
See omnystudio.com/listener for privacy information.