CNN CNN Newsroom October 16, 2013 19:46:00
Been attached recently, is there a residue of that? does that stick around a while? does it cost us more money over time, add to the deficit, which is the reverse of what are the proponents of the strategy. >> why does it cost more? >> because when people develop doubts about whether the treasury will pay them back when they put their money in a treasury bond, they demand a higher interest payment from the treasury. >> there's greater risk. >> that's right. they perceive a greater risk. the reason they perceive a greater risk is because of what's been going on in washington. people begin the d...