Experts warn of economic catastrophe if U.S. debt ceiling isn’t raised

Experts warn of economic catastrophe if U.S. debt ceiling isn’t raised – CBS News

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Senate Republican leader Mitch McConnell continues to hold out against raising the federal debt ceiling, and experts warn the failure to do so could result in economic catastrophe. CBS News congressional correspondent Nikole Killion and Washington Post White House economics reporter Jeff Stein joined Vladimir Duthiers on CBSN to discuss the Senate stand-off.

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