American Morning
Tune in at 6am Eastern for all the news you need to start your day.
July 18th, 2011
08:24 AM ET
How to protect your personal finances from a possible debt default
With just two weeks to raise the $14.3 trillion debt ceiling before the August 2nd deadline, President Obama will continue to negotiate a possible deficit reduction deal this week with congressional leaders in an attempt to clear the way for congressional Republicans to back an increase.
How could the debt ceiling debate impact your money and your investments?
Donna Rosato, senior writer for Money magazine, joins American Morning today to talk about how to protect your personal finances if Congress can't come to an agreement.
About this Show
Welcome to the American Morning blog where you can get daily news updates from American Morning's reporters and producers. Join us for "the most news in the morning," weekdays from 6-9 a.m. ET, only on CNN.
On Twitter
@KalhanR Mine was 20 years ago. In the days before it I could hardly walk or sleep from all the pain. I felt betterâ€twitter.com/i/web/status/1…gI
RT @donwinslow: NEW VIDEO #TrumpsNewArmy VOLUME UP
On January 20th Donald Trump will no longer be The Commander in Chief.
He will…
As he leaves office, Pompeo has been tagged by a number of officials and analysts with the dubious distinction of tâ€twitter.com/i/web/status/1…0N
RT @insidernews: We looked through hours of footage from the Capitol riot to decode the symbols that Trump supporters brought with them, re…
RT @JoyAnnReid: Tonight on #TheReidOut - #MLKDay we talk justice after the siege and the coming handover of power. Our guests: @AliVelshi @…
RT @mehdirhasan: "We've never taken domestic extremism seriously, because white, Christian men are not seen as a threat in the same way tha…
The best way to protect my personal finances if the government defaults will be to withdraw everything I have in the bank and spend it, because it will be worthless if I don't. Wait! If everyone were to do that, the recession would end, tax revenues would increase, employment would rise, and the problem would be solved! So everybody, spend your money now!