News and Public Media for North Central Florida

Optimism despite the debt ceiling crisis

Americans should expect an increase in interest rates regardless of a possible default in the U.S. economy. WUFT-FM’s Luis Giraldo spoke with Santa Fe College Economist David O’Gorman who says he thinks there is a very slim chance of a default and expects an 11th hour settlement to the debt controversy.

http://www.wuft.org/media/audio/FPUSDebt.mp3

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Luis is a reporter who can be contacted by calling 352-392-6397 or emailing news@wuft.org.