The Treasury Department's Deadline Is Just Eight Days Away in Negotiations

Debt default angst may be starting to take hold for markets with the Treasury Department's deadline now just eight days away. House Speaker Kevin McCarthy says a short-term extension will leave things worse off than they are right now. We're joined live by Dr. Lindsey Newman, head of geopolitical thought leadership at S&P Global Market Intelligence. Where do you think things stand? Are the odds going up that we actually see default in the U.S.?