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Home>An Update on the Fiscal Problems of the United States

An Update on the Fiscal Problems of the United States

Perspectives Content Submission

Thu, 28 Jul 2011

Introduction The U.S. Government is facing a two-prong fiscal problem that has morphed into a crisis, with no solution to either problem.  The first is that the U.S. Treasury is projecting that it will begin suffering a shortfall in cash proceeds if the Congress does not raise the debt limit by Aug
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