Christian Science Monitor | USA: Debt limit: Raise it or risk financial crisis, Treasury warns Congress (+video)

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Debt limit: Raise it or risk financial crisis, Treasury warns Congress (+video) Oct 4th 2013, 04:52 If a debt limit impasse in Congress led to a default, a Treasury report said, it could be 'catastrophic' for job creation and consumer spending. Negative effects 'could last for more than a generation.'

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