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States Will Be Slammed by Default
A federal default could cascade through state governments, forcing tax increases and budget cuts on local taxpayers. Medicaid budgets could be slashed. Federal money for unemployment benefits could...
View ArticleDebt Crisis? Really?
As of this morning, international investors stood ready to lend money to the US government for 10 years at a rate of 2.94%. They would lead for 2 years at a rate of 0.41%. And we’re supposed to believe...
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