Where We Live: Jim Himes on the Budget Crisis

With a 12-year career on Wall Street before coming to Congress, Jim Himes has become a “go-to” guy on questions about the debt ceiling.

The 4th district congressman has been making the rounds of cable talk shows, warning about the coming crisis if Congress doesn’t act to raise the debt ceiling.

He told the Connecticut Mirror that he’s trying to “debunk the baloney” that he says he hears coming from the likes of Tea Party Presidential Candidate Michele Bachman.

Today, Himes explains his perspective on US debt, ways to cut spending and raise revenue...and the confidence of markets in the government.