The debt fight already may be hurting the U.S. economy, Goldman's Andrew Tilton says, with the...

|By:, SA News Editor

The debt fight already may be hurting the U.S. economy, Goldman's Andrew Tilton says, with the standoff likely a “contributing factor” behind the plunge in consumer confidence over the past month. The fight also may have led investors to cash out of the stock market, Tilton says; in June, the outflow from equities was the biggest in almost three years.