Is the U.S. about to run out of money?

May 7, 2023

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.

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Is the U.S. about to run out of money?