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What's Scarier? The Debt Ceiling or Obama's Pick for Fed Chair? (Audio: Podcast)

As the latest showdown unfolds, should we be worried about the US defaulting on its debt? Treasury Secretary Jack Lew warns if Congress doesn't act, Social Security checks won't be mailed—so what happened to the $2.6 trillion Social Security Trust Fund Democrats have always defended? And why the president's nominee for Federal Reserve chairman may be the real threat to our long-term fiscal health.

2013_10_11 Podcast Matthews_Giovanetti_ Debt Ceiling