'Highly Likely' Cash Will Run out by Early June: Yellen on Debt Limit

The transcript discusses the urgency of reaching a deal to avoid a government default, highlighting the time constraints and political dynamics involved. It covers economic reactions, potential short-term solutions, and legal options like the 14th Amendment. The discussion also touches on political campaigns, with Tim Scott and Ron De Santis entering the GOP field, and the impact of economic uncertainty on these campaigns.

What role does public sentiment play in the negotiations surrounding the debt ceiling?

In what ways might a short-term solution be beneficial for the parties involved?

How might the political landscape affect President Biden's approach to the debt ceiling negotiations?