Senator Pat Toomey Explains That Failing To Raise Debt Limit Doesn't Cause Default

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Uploaded by on May 12, 2011

Senator Pat Toomey (R-Penn) explains how the US does NOT go into default if we refuse to raise the debt limit. Many conservatives, led by Senator Mike Lee (R-Utah) are threatening to filibuster the debt limit vote until they get a Balanced Budget Amendment.

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