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Harris Says Failure to Raise Debt Ceiling `Foolhardy'

June 28, 2011 1:51 PM EDT June 28 (Bloomberg) -- Maury Harris, chief economist at UBS Securities, talks about talk about risks associated with failure to raise the U.S. debt ceiling. The Treasury Department estimates that the U.S. risks a default on its debt obligations if the federal debt ceiling isn't raised by Aug. 2. Harris speaks on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg) (Bloomberg)

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