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From one point of view teh congress manage to handle with some of the fiscal problems but if we ask people how this reflects on them their opinions won't be that positive.

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If Washington is deadlocked now, how will it deal with the much bigger debt problems that lurk in the decades to come?

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China will support Europe in its efforts to overcome its debt crisis which Beijing sees as only temporary.

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This theme has interested me! Both parties in Congress and the administration in Washington are playing a very high stakes poker game with the debt ceiling. They are playing chicken to see who blinks first.

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Both parties in Congress and the administration in Washington are playing a very high stakes poker game with the debt ceiling. They are playing chicken to see who blinks first.

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The law should further define nonessential obligations, such as the department of education, department of agriculture, ethanol subsidies, world bank, IMF funding, and UN funding.

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If the US Government moves onto a last minute deal to stave off the debt crisis, then most likely this move would stop pressure to sell off US Treasuries.

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This is a classic example of what happens in a debt crisis

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