Economy

A look at what programs could be affected if the US defaults on its loans

By Misty Severi
Published May 22, 2023 4:58am ET
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A look at what programs could be affected if the US defaults on its loans
Social Security supporters attend a rally in the Dirksen Senate Office Building on Capitol Hill. | Chip Somodevilla


The United States could face an economic crisis in June if Congress fails to raise the debt ceiling before the deadline, which would affect many U.S. households and government programs.

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Debt Ceiling Fiscal Policy Medicare and Medicaid Social Security Veterans Affairs