Yellen warns U.S. may default on debt as soon as June 1

An urgent new warning from Treasury Secretary Janet Yellen to Congress. She says the U.S. could reach its debt limit and default as soon as June 1st. Former Treasury Secretary Larry Summers joins to discuss the implications for the U.S. economy. Plus, a huge dust storm in Illinois causes multiple deaths and dozens of car wrecks in a massive interstate pileup. Also, a manhunt is underway in Texas after a gunman killed five neighbors. 

To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Learn more about your ad choices. Visit podcastchoices.com/adchoices