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GPS: Larry Summers on the debt ceiling. Lawrence Summers, February 16, 2013, Video. "CNN’s FAREED ZAKARIA GPS features an interview with former U.S. Treasury Secretary (Clinton Administration) and former Director of the Economic Council (Obama Administration) Larry Summers. Dr. Summers spoke about the national economy, new Federal Reserve chair Janet Yellen, and what he feels are likely postures the Federal Reserve will take in the near term to manage the U.S. economic recovery..." Link verified March 28, 2014