Watch Clip
Republican Rep. Tom Cole discusses debt ceiling debate
7m 44s
Every second, the U.S. falls about $43,000 deeper into debt. Lawmakers will need to raise the country’s borrowing limit in the coming months to avoid a catastrophic financial fallout at home and around the world. Republican Rep. Tom Cole is vice chairman of the House Appropriations Committee and chair of the House Rules Committee. He joined Geoff Bennett to discuss the debate.