Sp Warnings News Today

Debt. >> congress is going to pass an increase in the debt ceiling. they recognize that. they know they have to do that. they have always done that. thats not the issue. the real challenge is to make sure we put in place multiyear targets that put the deficit on a path that declines over time so that the debt burden starts to decline. thats the economic imperative. thats the important thing to do. >> were joined by cnbcs steve liesman to help us make sense of the debt crisis. and the way the pre...