Oct. 17 is the deadline for Congress to raise the Federal debt ceiling.
If that does not happen, the government will default on its debt obligations. The debt ceiling deadline has become one of the focal points of the ongoing showdown between President Barack Obama and Congressional Republicans.
Some GOP members of Congress are now raising doubts that a default would have the dire consequences some economists and business leaders say it will.
To find out what might happen, especially here in metro Atlanta, WABE's Denis O'Hayer spoke with Rajeev Dhawan, director of the Economic Forecasting Center at Georgia State University's J. Mack Robinson College of Business.
(Disclosure: Rajeev Dhawan is a member of the Board of Directors of Public Broadcasting Atlanta.)Broadcast VersionExpanded Version