Barofsky Says US Debt Downgrade Would Be Inappropriate
Aug. 1 (Bloomberg) — Neil Barofsky, former special inspector general for the Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about the outlook for congressional passage of the political compromise to raise the US debt limit by at least $2.1 trillion and slash federal spending by $2.4 trillion or more. Barofsky speaks on Bloomberg Television’s “InBusiness with Margaret Brennan.” Bloomberg’s Al Hunt also speaks. (Source: Bloomberg)