Impact of US Debt Default

This video originally aired on Wednesday, July 6, 2011.

About This Video

Jerome Powell talked about recent analysis by the Bipartisan Policy Center that found that if the debt ceiling is not raised, the government could not afford to meet 44 percent of its obligations.

Keywords

Business & Commerce, Budget, Budget Deficit, Federal Budget, Economic Policy, U.S. Economy

Related Subjects/Topics

  • Economics

Speakers

  • Bipartisan Policy Center Visitingf Scholar Jerome Powell