Treasury Secretary Janet Yellen warns U.S. to hit debt limit next Thursday

Treasury Secretary Janet Yellen has told congressional lawmakers the U.S. is likely to reach its debt limit next Thursday, Jan. 19. Javier David, managing editor of business and markets at Axios, and a CBS News contributor, discussed what the implications could be if that happens, and what tools are available to delay a potential default.

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Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

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