Video on msnbc.com: NBC’s Kate Snow spoke with CNBC’s Andrew Ross Sorkin about the debt ceiling and what happens if Congress fails to raise that limit so the government can borrow more money to pay its bills...
I think that Sorkin did a really good job of explaining what happens if we do not get this debt ceiling issue resolved, because im sure alot of us didnt know how this would affect us and now i realize how drastic the consequences will be if congress can't figure this out. If we go over the deadline, i feel that America will lose credibility as a financially stable country and the foreign countries that we owe will take fully advantage of that
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