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Video: Perry Says Fear of a Default Are Overblown

Gov. Rick Perry said Wednesday he isn’t worried that a failure to increase the nation’s debt ceiling would trigger an economic catastrophe. He also says that it should be up to the states to decide whether abortion is illegal — or legal.

Gov. Rick Perry said Wednesday he isn’t worried that a failure to increase the nation’s borrowing authority would trigger an economic catastrophe. He also waded again into the contentious debate over states' rights and hot-button social issues, saying he would support allowing states to determine whether abortion is illegal — or legal.

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