CBS2-Header-Logo WFAN 1010WINS WCBS tiny WLNYLogo

Paul Volcker

Former Federal Reserve chairman Paul Volcker (file / credit: JUNG YEON-JE/AFP/Getty Images)

Former Federal Reserve Chairman Paul Volcker Sounds Debt Warning In Stamford

Volcker says the nation’s growing debt level is an urgent issue, warning the country could reach a “tipping point” if debt gets too high.