October 10th, 2013
01:44 AM ET

What happens if there is no debt ceiling deal?

Time is running out for lawmakers to strike a deal before the U.S. reaches the debt limit. Some are predicting a financial catastrophe worse than the 2008 economic meltdown. Others say it might actually be good for the country. David Walker, former U.S. Comptroller General and head of the Government Accountability Office, weighs in.

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Filed under: AC360 Later • Ana Navarro • Christiane Amanpour • Debt • Jeffrey Toobin
soundoff (One Response)
  1. steve

    Why would we even consider not raising the debt limit or not paying our debts? What kind of American would even consider such a default? More damage being done by those considering default than terrorist have ever been able to inflict. Patriots where are you?

    October 10, 2013 at 11:29 pm |

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