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Dialogue 11/08/01 Compromise possible before debt ceiling deadline

08-01-2011 22:42 BJT

U. S. President Barack Obama announced Sunday that he and the Congressional leaders from both political parties reached a political compromise to reach the debt ceiling and avoid a default. Though the compromise sounds promising, it has to be evaluated by members to both political parties before winning final congressional approval. But the promise is said to have upset some of the liberals and conservatives of both parties. So will the compromise plan bring hopes of meeting August 2nd deadline for raising the debt ceiling before the treasury department of the United States runs out of cash? Can a U. S. default be really avoided?

Dialogue 11/08/01 Compromise possible before debt ceiling deadline

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Studio Guest Speakers:

Prof. Patrick Chovanec, Tsinghua University

William Hess, President of China Monitor Inc

Online Guest Speaker:

Ding Yifan, Development research center of the state concil


Editor:James |Source: CNTV

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