The International Monetary Fund (IMF) has released its annual Global Financial Stability Report. How will political disputes within the U.S. over the federal budget impact the global economic recovery?

Anchor Phillip Yin is joined by Maya MacGuineas, President of the Committee for a Responsible Federal Budget. MacGuineas stresses how important it is for the U.S. to get its financial house in order.

Overseas Impact of U.S. Budget Battles

Maya MacGuineas, President of the Committee for a Responsible Federal Budget, joins Phillip Yin to discuss the impact of political battles over the U.S. budget overseas.