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VIDEO: What Happens if US Defaults on its Bills

BPC Visiting Scholar Jay Powell, Under Secretary of the Treasury for Finance for President George H.W. Bush, appeared on PBS’s Nightly Business Report to discuss the consequences of a delay in raising the debt ceiling. Powell is the author of our Debt Limit Analysis.

Video below the fold…

Watch the full episode. See more Nightly Business Report.

2011-07-19 00:00:00

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