by Rafiq Phillips

The Federal Budget and the Debt Ceiling

July 29, 2011   // 0 Comments

As we get closer to the potential default on US debts, lots of people are talking about the budget and all of the various Chicken Little predictions. The deadline to increase the debt ceiling is August 2, 2011. So we really come down to 2 major issues or 2 sides of the coin: 1) Raising the debt ceiling to allow Congress to spend more knowing that it means taking on more debt And 2) Cut ...

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