The stalemate and posturing over the debt ceiling have gone on for months, but now it’s down to the wire. Congressman Peter Welch discusses the latest from Washington on the debt ceiling
and budget crisis.
Vermont’s
Budget Commissioner is instructing managers throughout state
government to draw down all federal money due to the state before the end of
the month. That’s in case Washington goes into default and federal funds stop
flowing to the states.
Congressman Peter Welch says he would "reluctantly" support one of the Senate
plans to end the impasse over the federal government’s ability to continue
borrowing money.