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Debt Ceiling Explanation and Implications – Oct 16,2013

[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/5/568/show_5568443.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Debt ceiling rhetoric from both sides has blurred the reality that the US Government continues to spend more money than it takes in. On this broadcast, we explain what the debt consist of, who owns it and short / long term impact on federal policy and interest rates.
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