Former CBO Director O'Neill on Federal Deficit

Feb. 6 (Bloomberg) -- June O'Neill, former director of the Congressional Budget Office, talks about plans by the U.S. Postal Service to end Saturday delivery, a CBO analysis that the federal deficit will slip under $1 trillion for the first time in five years and the outlook for the Medicare and Social Security programs. O’Neill, now a professor at Baruch College, speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg)
Baoding Tianwei Says It Has No Money to Pay Debt
22:57 - Another Chinese company is saying that it may not meat its interest payments which are due today. Bloomberg’s Christine Hah reports on “Trending Business.” (Source: Bloomberg)
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