Potential consequences of breaking debt ceiling are ‘catastrophic,’ Joe Lieberman warns
Former Connecticut Sen. Joe Lieberman (I) discusses the Pentagon’s announcement of a $2.5 billion aid package to Ukraine and the measures enacted by the Treasury after the U.S. hit the debt limit.
Former Connecticut Sen. Joe Lieberman joined FOX Business' "Mornings with Maria" Friday to warn of the potential consequences facing the country if lawmakers don't come together to address federal spending as the U.S. hits the debt ceiling.
US DEFAULTING ON DEBT IS 'WHOLE DIFFERENT LEVEL OF ECONOMIC RISK,' BIDEN'S ECONOMIC ADVISER SAYS
JOE LEIBERMAN: Well, you don't want to have us break the debt ceiling. The potential consequences are catastrophic. It may sound way off there, but it will begin – if it happened, it would begin to affect the standard of living and of every American adversely.