The United States officially hit its legal debt limit on Monday, forcing the Treasury Department to dip into federal pension funds to prevent the country from defaulting on its obligations for the first time in history. Secretary Geithner has said he can only stave off default until August 2nd, at which point Congress must vote to raise the limit or risk setting off a global economic meltdown.
Showing posts with label Limbaugh Claims ‘Nation’s Creditworthiness Would Go Up’ If The Debt Ceiling Isn’t Raised. Show all posts
Showing posts with label Limbaugh Claims ‘Nation’s Creditworthiness Would Go Up’ If The Debt Ceiling Isn’t Raised. Show all posts
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