Rep. Ted Yoho (R-FL) defended his stance that the U.S. will not default if the debt ceiling is not raised on CNN's 'The Situation Room' Thursday.
"You know, constitutionally, we cannot default." Yoho said. "If we as a nation, as legislators, address this condition of overspending and if we address that and we say to the rest of the world ... I think the rest of the market would breathe a sigh of relief."
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