Government default could severely impact South Georgia - WALB.com, South Georgia News, Weather, Sports

Government default could severely impact South Georgia

ALBANY, GA (WALB) -

WALB asked a Darton College economics professor how a government default would affect most South Georgians.

Aaron Johnson told WALB it could have a severe impact on our area's economy.

"While I see us paying on social security, when you think about food stamps, other governmental program here, we have a lot of non profits, education, they depend a lot on federal funding, that could be adversely impacted," said Aaron Johnson, economic professor, Darton State College.

Congress has until Thursday to raise the debt ceiling.  After that, the government won't be able to pay many of its bills.

 

Copyright 2013 WALB.  All rights reserved.

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