Feedback

Debt default could create ‘global crisis of confidence’

 

CNBC’s Andrew Ross Sorkin explains what could happen if the government defaults on its debt, something that would unsettle financial markets and force the Treasury Department to figure out who they ought to pay first. NBC’s Kate Snow reports.

Nightly Spotlight

Inspiring America

Nightly Films

World News

Health

Stay up-to-date on the latest health and medical news.

Play All

Weather

Coverage of extreme weather events affecting people across the country.

Play All

Politics

The best political reporting from Nightly News and the NBC News politics team.

Play All

Full Episodes of Nightly News