Experts told when the first economy in the world may run out of money, and also called the dates. Business Insider writes about it.

Their views on the further development of the situation for the future of the country in the event that a decision is not made to raise the public debt ceiling, as well as the so-called "

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According to Janet Yellen, the US has the money to pay off all of its bills by June 1, 2023.

The head of the US Treasury stressed that the first day of summer can play an extremely important role for the country, which is the first economy in the world..

The US government expects some June 15 tax payments to be " But in general, there is uncertainty around the situation, she added..

However, Alec Phillips believes that the authorities have a little more time - until June 8 or 9. According to him, these dates are likely to be the last days when there is really an opportunity to avoid a default..

Phillips did not reveal how the above dates were calculated.. The expert also added that even if the US authorities get a few extra days to resolve this issue, it is still better to do it sooner rather than later..

Recall that on May 23, a meeting between President Joe Biden and Speaker of the House of Representatives Kevin McCarthy on raising the public debt limit ended in nothing, the parties could not reach the desired agreement.

Representatives of the Democratic and Republican parties have only 10 days to reach an agreement and increase the state limit, so as not to provoke an unprecedented debt default, which, as economists warn, could lead to a recession around the world..

On May 21, US President Joe Biden announced that he was ready to cut budget spending (one of the conditions of the Republicans), but would not agree with the Republicans in Congress to raise the US federal debt limit and reduce the budget solely on their terms..