CNN

June 15th, 2011

Alan Simpson: President Obama is poisoning the well

On “In the Arena,” fiscal commission co-chair Alan Simpson says if Congress can’t compromise on the debt-ceiling, members should go home.

Simpson says, “Something will happen that Bachmann doesn’t understand. It’s called bondholders who have sheets of our paper and say I want some money for the paper, you jerks haven’t done anything, and I want some money for the paper.”

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