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Is it possible that the US would default on the National Debt?


The national debt limit is $14.3 trillion, Tthe Secretary of the Treasury states that if the National Debt limit is not increased by Aug.2,2011, the country could default on the debt.President Obama and the Senate has not presented a 2012 budget as of july 1,2011.The House Ryan 2012 Budget has already been passed in the House.

 

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Melissa Kanzelberger (equine) says

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5 years ago
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joer4x4 says

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JON EWALL says

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6 years ago
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