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Showing posts with label debt ceiling deadline. Show all posts
Showing posts with label debt ceiling deadline. Show all posts

Monday, 25 July 2011

Debt Ceiling Deadline

Debt ceiling deadline-  What happens if Congress fails to raise the debt ceiling by Aug. 2?
Treasury Secretary Timothy Geithner says it would be "catastrophic." A growing number of Republicans say that's false -- at worst it would be "disruptive," in the words of Sen. Pat Toomey.