Break down what could happen if talks on the US debt ceiling fail

debt ceiling

Break down what could happen if talks on the US debt ceiling fail


Break down what could happen if talks on the US debt ceiling fail

04:45

(CBS DETROIT) – We’re a week away from the Treasury Department saying the US will run out of money to pay its bills as negotiations continue on Capitol Hill.

Antonio Doblas Madrid, associate professor of economics at Michigan State University, joined CBS News Detroit on Thursday to discuss what could happen if talks on the US debt ceiling fail.

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