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| Economy |
| US default could be disastrous choice for economy |
| 2011-04-24 |
| The government now borrows about 42 cents of every dollar it spends. Imagine that one day soon, the borrowing slams up against the current debt limit ceiling of $14.3 trillion and Congress fails to raise it. The damage would ripple across the entire economy, eventually affecting nearly every American, and rocking global markets in the process. |
| Posted by:Zebulon Thranter9685 |