What happens if the US can’t pay all its bills

the debt ceiling isn’t raised in time, Treasury and the White House will have to make difficult decisions about which bills to pay with the funds that are available.

(CNN) — The US is once again embroiled in a debt ceiling drama.

Treasury Secretary Janet Yellen has repeatedly warned that the US could default on its obligations as soon as June 1. President Joe Biden and House Republicans are trying to negotiate a deal to address the borrowing cap but have yet to resolve their differences. The consequences of a default would be enormous, both for the nation and the world.

Forecast Update

FIRST WARN FORECAST: T-Storm chances pick up starting Tuesday evening.

May 29, 2023 @ 7:49 pm

News 8 Now First Warn Meteorologist Erik Dean has the latest 8-Day Forecast.

Plan my day

Today
88°F
Plenty of sun. Highs in the upper 80s and lows in the low 60s.
Tonight
63°F
Partly cloudy. A stray shower or thunderstorm is possible. Low 63F. Winds SSE at 5 to 10 mph. Chance of rain 20%.
Tomorrow
87°F
Times of sun and clouds. Highs in the upper 80s and lows in the mid 60s.