
One Thing: Should Congress Ditch the Debt Ceiling?
CNN 5 Things
00:00
The Impacts of the House Budget on the Economy
A lot of people, both the investment world and others felt that Congress would come to a deal. So there wasn't a mass freak out. If we started missing payments, that would be a major issue for individual Americans. We already saw borrowing costs for short-term treasuries rise because people were afraid to hold onto the treasuries.
Play episode from 13:46
Transcript


