MSNBC The Rachel Maddow Show July 15, 2011
the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2. but this does not mean that we have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right now, politicians in washington are trying to avoid default by striking a grand bargain on big spending issues and big taxing issues. but the fact remains th...
Source: archive.org