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Monday, May 2, 2011

Bumping Up Against The Debt Ceiling: That Hurts!

Long considered just a "speed bump" in the budgeting process, the debt ceiling is in danger of becoming a serious roadblock. And now the government is perilously close to the $14.3 trillion limit. Congress has never not approved an increase in the debt limit, but some members say this will be the first time.

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Full story at http://www.npr.org/2011/05/01/135898608/whither-the-debt-ceiling?ft=1&f=1006

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