CNN CNN Newsroom October 12, 2013 16:05:00
That. >> and it wouldn't be wise as some suggest to just kick the debt ceiling can down the road for a couple of months and flirt with the first ever intentional default, right in the middle of the holiday shopping season because damage to america's sterling credit rating wouldn't just cause global markets to go haywire, it would be more expensive for everyone in america to borrow money. students paying for college, newlyweds buying a home. it would amount to a new tax. a republican default tax on every family and business in america. >> reporter: so this proposal extends the debt ceiling into...
Source: archive.org