U.S. Deficit Super-Committee; Credit Rating

U.S. Deficit Super-Committee; Credit Rating Play

Aug. 2 (Bloomberg) -- Jerome "Jay" Powell, a visiting scholar at the Bipartisan Policy Center and a former undersecretary at the U.S. Treasury, talks about the House's approval of the debt-limit compromise and outlook for a so-called super-committee to recommend additional spending cuts. Powell, speaking with Deirdre Bolton and Adam Johnson on Bloomberg Television's "InsideTrack," also discusses the prospects for a U.S. credit rating downgrade by Standard & Poor's. (Source: Bloomberg)

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