Following news that Standard and Poor's had cut its long-term outlook on U.S. debt to negative, the Dow Jones industrial average (INDU) fell 180 points

In The Red

The Brian Lehrer Show | Apr 19, 2011

Standard & Poor’s has downgraded the outlook for United States debt to “negative." Simon Johnson, former chief economist of the International Monetary Fund and professor at the MIT Sloan School of Management, discusses why they made that move. Plus: New York Congresswoman Nan Hayworth discusses the ongoing battle in Congress over the national deficit; and Manhattan Borough President Scott Stringer tries to streamline the process of setting up community farmers markets.

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