2min chapter

Face the Nation with Margaret Brennan cover image

What's Next After the Nation Avoids its First Default

Face the Nation with Margaret Brennan

CHAPTER

The Debt Ceiling and the Financial Costs

Brian Moynihan, CEO of Bank of America: "We need to have a serious discussion about how much debt we can have in this country" The Federal Reserve is predicting a mild recession on the horizon. Consumer spending was up 9%.

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