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Deficit Deal Drama Escalates

Thursday, 14 Jul 2011 | 7:00 PM ET

Treasury Secretary Geithner is speaking to Democrats today regarding the "consequences of default," reports CNBC's Eamon Javers. Mort Zuckerman, New York Daily News Publisher; Sen. Kay Bailey Hutchison, (R-TX); and Rep. Peter Welch, (D-VT), weigh in.