Nancy Pelosi on Budget Talks, Default Risk

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July 7 (Bloomberg) -- U.S. House Minority Leader Nancy Pelosi talks about negotiations between the Obama administration and congressional leaders toward a compromise on reducing federal spending and the risk of a default on U.S. debt if a deal is not reached by the Aug. 2 deadline. Pelosi speaks with Peter Cook on Bloomberg Television's "Taking Stock." Pimm Fox also speaks. (Source: Bloomberg)

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