Here's The One Thing Confused Americans Need To Know About The Oct. 17 Debt Ceiling

Townhall.com Staff
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Posted: Oct 16, 2013 10:11 AM
Everyone is quite freaked out and a little confused about the October 17 debt ceiling. But many experts believe fears are a bit premature and perhaps overblown. "What we don't get is why Oct. 17 is considered the day the U.S. defaults," pondered Greg Valliere, a political analyst for Potomac Research Group. "That probably would not come for another week — but the media, the markets and most politicians have bought into the narrative that tomorrow is the real deadline."