Millions of Americans who rely on federal payments to make ends meet, could be negatively impacted if the government is unable to pay its bills come June 1.
If the government defaults, social security checks and veterans' benefits could be delayed - impacting thousands in the Bay Area. Here's how else Californians may be affected.
The debt limit negotiations between GOP negotiators and the White House ended Friday night with no progress after meeting for roughly an hour and a half.
The extraordinary measures will buy Congress some time -- Secretary Yellen said it's unlikely the government will exhaust its cash and the emergency maneuvers before early June, though she noted there is "considerable uncertainty" around that forecast.
If the U.S. government cannot pay its bills, millions of Americans would feel a direct economic impact.
