The debt ceiling debate
Broadcast: Midmorning, 07/22/2011, 9:06 a.m.
President Barack Obama and Congressional leaders are racing the clock to prevent the country from defaulting on its debt on August 2nd. What are the economic and political stakes that lawmakers face?
- Stan Collender: Partner at Qorvis and former staffer for the House and Senate Budget Committees.
- Felicia Sonmez: Congressional reporter for the Washington Post.
- Jason Peuquet: Policy Analyst for the Committee for a Responsible Federal Budget.