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AP Explains: What could happen if U.S. defaults (Video)

(22 May 2023) President Joe Biden and House Speaker Kevin McCarthy are to meet face to face on Monday after a weekend of on again, off again negotiations over raising the nations debt ceiling. Their meeting comes mere days before the government could reach a hard deadline and run out of cash to pay its bills. The two sides are working to reach a budget compromise before June 1. (May 22)

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AP Explains: What could happen if U.S. defaults (Video)

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AP Explains: What could happen if U.S. defaults (Video)

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