Offer your thoughts or opinion on the input financial query or topic using your financial background.

If the U.S. defaults on its debt, what will happen to my bank money? 
If you are actually referring to all the political rhetoric and posturing over the debt ceiling issue.  That's a long ways from the US actually defaulting on paying debts.  A lot of government offices might shut down, but I expect anyone holding US debt to be paid off. (they have the printing presses after all)  If that's what you are referring to, based on the LAST time that the governement had to shut down because they didn't raise the debt ceiling, it won't be a big deal.  Last time, no debt was defaulted on, a bunch of the less essential government offices shut down for a few days, and the stock market did a collective 'meh' over the whole thing.  It was basically a non event.  I've no reason to expect it will be different this time.  (btw, where were all these republican budget cutters hiding when 10 years ago they started with a nearly balanced budget, and ended up blowing up the national debt by about 80% in 8 years time? (from roughly $6B to $11B)  I wish they'd been screaming about the debt as much then as they are now. Not that there isn't ample blame to go around, and both sides have not been spending in ways that make a drunken sailor look like the paragon of a fiscal conservative, but to hear nearly any of them tell it, their party had nothing to do with taking us from a balanced budget to the highest burn rate ever while they were in control (with a giant financial crisis through in as pure 'bonus')