U.S. Deficit-Reduction, Debt Talks; Risk of Default

U.S. Deficit-Reduction, Debt Talks; Risk of Default Play

July 15 (Bloomberg) -- Maryland Governor Martin O'Malley, a Democrat from Maryland, discusses the bipartisan negotiations on the federal deficit and debt limit and the potential impact of the nation defaulting on its financial obligations. O'Malley speaks with Megan Hughes at the Democratic Governors Association meeting in Salt Lake City on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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