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Sorting out the ‘what ifs’ of the debt ceiling stalemate

Published 07/29/2011, DL-Online

Local impact of not raising the federal borrowing limit remains to be seen The jury’s still out on what kind of impact the Red River Valley can expect if Congress is unable to raise the federal debt ceiling by Tuesday, the deadline to increase the government’s borrowing limit or only be able to pay about 60 percent of its bills.

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