Robert Rubin condemns threats to default on US government debt

Robert Rubin condemns threats to default on US government debt – CBS News

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The United States avoided default this week when the House of Representatives passed a bill to raise the debt ceiling. But Robert Rubin, who served as Treasury secretary in the Clinton administration, says the political fight over the government’s ability to pay its bills threatens severe economic damage, and that any future fights over the debt ceiling are risky and irresponsible.

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