Debt ceiling deadlock threatens world economy, warns Sanders and top Republicans.

Senator Bernie Sanders accused Republicans of holding the world economy "hostage" with the debt ceiling and wanting to cut necessary health and education programs. He suggested cutting military spending and making the wealthiest people pay their fair share of taxes. Economic analysts warn that even the political threat of a federal default on the nation’s debt would send shockwaves through an already jittery economy. The Treasury Department continues to pay the nation’s bills, but the money will soon fall short, even though tax returns in April helped replenish the coffers. Sanders also discussed the need to lower prescription drug prices and the importance of considering a candidate's record and stance on democracy when voting.