The Importance of Community Development Financial Institutions

Rep. Maxine Waters says the debt limit must be raised in order to avoid a default on government loans. The President of the United States is saying, 'I'm not going to absolutely bend and bow because you're threatening me' Rep. Waters: I think people are rightfully concerned about what will happen if we don't raise the debt limit. "This is a democracy that depends on our government doing the right things in order to run it"