We are getting closer to June 1, the date Treasury Secretary Janet Yellen warns the U.S. will run out of money to pay its bills. And there’s still no clear resolution in sight. What does the risk of a default mean for the U.S. government’s credit rating...and reputation?

Guests: Axios' Matt Phillips and Carly Mallenbaum.

Credits: Axios Today is produced by Emily Peck, Alexandra Botti, Fonda Mwangi, Robin Linn and Alex Sugiura. Music is composed by Evan Viola. You can reach us at [email protected]. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.

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