With no agreement yet in sight between Congress and the White House over the federal debt ceiling, there is concern about the spillover effects.

South Dakota State Treasurer Josh Haeder says its hard to know all the impacts….

Haeder says the federal government has to change the budget process….

South Dakota has a “Triple A” bond rating and Haeder is concerned about the trickle down effect of a federal default….

The US Treasury Department has warned they may run out of cash as soon as Thursday.