U.S. Treasury Secretary Timothy F. Geithner said a default arising from failing to raise the debt limit could cause “irrevocable damage” to the economy, risk a “double-dip” recession and increase unemployment. View full post on All Stories
Posts Tagged ‘limit’
Budget Fights Ahead Offer GOP Opportunities
Posted by davidguide on April 10th, 2011
The struggle to fund the government through September is just one of several fiscal battlefields in Washington this year. There are also fights brewing over raising the limit on the national debt and budgeting for 2012 and beyond. That means more opportunities for fiscal conservatives elected in 2010 to make their presence felt. Host Liane [...]
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