Aug. 1 (Bloomberg) -- Peter Orszag, vice chairman of global banking at Citigroup Inc. and a former director of the Office of Management and Budget, discusses the compromise between President Obama and congressional leaders over raising the federal debt ceiling.
The House plans votes today and the Senate may follow suit to consider the agreement reached during a weekend of negotiations that capped a months-long struggle. Orszag speaks with Matt Miller and Deirdre Bolton on Bloomberg Television's "InsideTrack." (Peter Orszag is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)