Joe Biden and Republicans in Congress cannot agree on a path forward to avoid debt default even though Americans want to raise the debt ceiling without cutting spending, according to a new NPR poll.

Biden has warned that defaulting on the national debt "would devastate retirement accounts," among other things. The head of advice methodology at Vanguard wants people to remember the bigger picture.

The treasury secretary warns that the U.S. could default on its debt by June 1, with disastrous economic consequences. GOP Rep. Dusty Johnson explains why Republicans insist on adding conditions.

House Republicans narrowly passed a bill linking a debt ceiling raise to spending cuts, which Biden says he would veto. A political historian explains why he may have to make some concessions.

The House plans to vote on its debt ceiling bill this week. Rep. Dusty Johnson, R.-S.D., calls it an "opening negotiation position" as the risk of a default looms.

If Congress fails to raise the nation's $31.4 trillion debt ceiling, the U.S. government could run out of cash between July and September, or even sooner, the Congressional Budget Office said.