The National Debt Ceiling

at 9:00 AM
 (Brendan Smialowski/AFP/Getty)

Democrats and Republicans are sparring in Washington over how to raise the U.S. debt ceiling in order to prevent a default on the nation's debt obligations. The debate highlights political and economic differences between the parties. What's at stake?

Guests:

Steny Hoyer, U.S. congressman (D, Maryland) and Democratic whip in the U.S. House

Julie Hirschfeld Davis, Congressional and politics reporter for Bloomberg News

Dan Lungren, U.S. congressman (R) representing California's 3rd District and member of the House Homeland Security Committee

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