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Time to Face the Deficit

December 10, 2009 - by Donny Shaw

The financial collapse, the Wall Street bailout and the two wars we have been fighting for the past seven years have brought the federal deficit to a record high. In order to keep the country from defaulting and to accommodate a new jobs bill to stem off a growing unemployment problem, Congress is now upping the amount they plan to increase the public debt ceiling by.

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David Obey Debt Ceiling
 

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