Sunday Business Page, Part 1 (7-17-11)

As the August 2nd deadline draws near, the US government becomes closer to defaulting.  This leaves the Obama Administration, US government, and investors scrambling for a solution, and Federal Reserve Chair Ben Bernanke even suggested at a new monetary stimulus.  Dr. Stuart Hoffman from PNC Financial Services Group spoke to KDKA TV's Jon Delano about what's happening in Washington, DC, and what this means for the US.