Experts warn of potential US default as debt ceiling deadline approaches.

TL;DR Summary
Former aides on the front lines of the 2011 debt ceiling crisis say that this year's fight is different, as both sides appear to be miles apart and negotiations are proceeding at a slower pace. The country could run out of cash to keep paying its debts as early as June 1, and any resolution is almost certainly going to require bipartisan support. Once a deal is reached, both sides will likely spin the agreement and argue they won out. Even if the country defaults, there will have to be a deal one way or another.
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- Letter: Default will happen, only if Biden and Yellen let it Financial Times
- All the Debt Ceiling Needs Is a Deal Bloomberg
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