Greg Smith: Devon Funds Management Head of Retail on the United States' debt

The United States President and House Speaker are scrambling to come to an agreement on debt. The country has less than two weeks until it potentially runs out of money. President Joe Biden says he's willing to cut spending if necessary, and has cancelled overseas visits so he can discuss the issue. Devon Funds Management Head of Retail Greg Smith told Mike Hosking that the Democrats and Republicans are discussing raising the debt ceiling. He says this has caused anxious times in the past, going to the wire and even beyond it, but no politician wants to be seen as responsible. LISTEN ABOVESee omnystudio.com/listener for privacy information.