World's Foremost Authority Explains New Debt Ceiling Bill - VIDEO EXCLUSIVE

The bill is explained in simple, easy-to-understand terms

Reported by Marc J. Rauch, Co-Publisher, The Auto Channel

WASHINGTON - August 1, 2011: As usual, the long debated and awaited congressional bill that would allow the federal government to throw away more of our hard-earned money is a quagmire of details.

We spent many days looking for just the right expert to explain the entire bill, and we are thrilled to be able to present the complete explanation to you on TheAutoChannel.com

Get your family together and watch this video

To be fair, we also present a rebuttle explanation from Europe

Watch the rebuttle video