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Home>Debt Ceiling Drama Delayed Until Fall

Debt Ceiling Drama Delayed Until Fall

Perspectives Content Submission

Fri, 17 May 2013

Key Points On May 18, temporary legislation to suspend the debt ceiling expires and the Treasury Department will start maneuvering to avoid defaulting on the nation’s debts. Because of very strong April tax payments, a one-time $59 billion dividend from Fannie Mae, and a slowdown in government spen

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