U.S. Debt-Ceiling Accord, Outlook

U.S. Debt-Ceiling Accord, Outlook Play

Aug. 1 (Bloomberg) -- Peter Morici, an economist at the University of Maryland, talks about the political compromise to raise the U.S. debt limit by at least $2.1 trillion and slash federal spending by $2.4 trillion or more. Morici speaks with Lisa Murphy on Bloomberg Television's "Fast Forward." (Source: Bloomberg)

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