AP Photo/Alex Brandon
- The US could breach the debt ceiling and run out of money to pay its debts as soon as June 1.
- Other debt-ceiling crises have been solved through bipartisan deals, but this one is tense.
- Republicans want major spending cuts, and Democrats want a no-strings-attached increase.
When it comes to raising the debt ceiling and averting an entirely preventable economic catastrophe, the US is on a road to nowhere — and time isn't on Congress's side.