Debt-Limit Compromise, U.S. Economy

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Aug. 1 (Bloomberg) -- Christina Romer, former chairman of President Barack Obama's Council of Economic Advisers and a Bloomberg contributing editor, talks about the outlook for the compromise plan to raise the U.S. debt limit by at least $2.1 trillion and slash federal spending by $2.4 trillion or more. Romer speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." Bloomberg Businessweek's Peter Coy also speaks. (Source: Bloomberg)

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