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VIDEO: How Would a U.S. Government Default Affect Us Locally?

We hit the streets and asked some area officials what a government default would mean at the local level.

 
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Town Administrators in Wrentham, Easton, Foxborough and Medfield, as well as the VP of the Easton Chamber of Commerce explain what a default would mean at the local level.
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Town Administrators in Wrentham, Easton, Foxborough and Medfield, as well as the VP of the Easton Chamber of Commerce explain what a default would mean at the local level.

With less than a week remaining to the August 2 deadline for the federal government to raise America's debt ceiling, Patch wondered what a government default would mean for us at the local level. How would our town government be affected and how would area businesses and everyday residents be affected by a default?

Related Topics: Business, Credit, Default, Finance, U.S. Government, bonds, and debt ceiling

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