How We All Might Be Affected If The Government Defaults
The US government's 'debt ceiling' negotiations continue, but the complexities of the national debt and the global economy obfuscate what the real impact might be if we surpass it. On today's show, Jeff Stein, White House economics reporter for The Washington Post, explains what will actually happen in the U.S. if the government hits the debt ceiling, and shares his analysis of how the negotiations to prevent that are going.