Debt-Ceiling Crisis Abated … for Now

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When the debt-ceiling crisis of 2011 finally became history, most Americans were extremely relieved to know that the United States would not have to default on its obligations. The armed forces at home and abroad, veterans, the poor, the disabled, the elderly and the millions of Americans on the federal payroll or contracted by the government will continue to receive their checks at least until the end of 2012.

 

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