PBS NewsHour

What Happens if Lawmakers Don't Reach Debt-Ceiling Deal...

Clip: 07/12/2011 | 10m 45s

Debt-ceiling negotiations crept along Tuesday as both sides agreed on the need for action, but not on the fundamentals of a deal. Gwen Ifill discusses the specifics of what would happen if negotiators don't reach an agreement by the Aug. 2 deadline with Jay Powell of the Bipartisan Policy Center.

Aired: 07/12/11

Rating: NR

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