October 7th, 2013
09:45 AM ET

Sen. Schumer: Pass A Clean Debt Limit Increase

Sen. Chuck Schumer Monday called on House Republicans to pass a "clean" increase to the government's debt ceiling, a day after House Speaker John Boehner said a clean increase just wasn't going to happen.

Schumer was on CNN's "New Day" warning against the dangers of Congress failing to increase the nation's $16.7 trillion limit on how much money can be borrowed. How dangerous is it? "The economy could collapse," Schumer told CNN's Chris Cuomo.

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